USD/YEN Update 27 October 2025
New trend formed
The hammer from 149.40 on 17th October has proved to be the force to get price above trend resistance at 152.40 and confirm. 7 ups days though so expect some consolidation in the near future.
But trend is now clear and we expect price to push to 157.00/158.00 at which point BoJ/Mof might take an interest.