USDJPY Technical Analysis Report 17 December, 2025
Given the strong multi-month daily upend and the bullish US dollar sentiment viewn today across the FX markets, USDJPY currency pair can be expected to rise further to the next strong resistance level 157.00 (which stopped the previous minor correction b).
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- USDJPY reversed from support area
- Likely to fall to resistance level 157.00
USDJPY currency pair recently reversed up from the support area located between the key support level 154.50 (low of the previous minor correction a, as can be viewn from the daily USDJPY chart below), lower daily Bollinger Band and the 38.2% Fibonacci correction of the sharp upward impulse from October. The upward reversal from this support area is likely to form the daily Japanese candlesticks reversal pattern Bullish Engulfing – which will signal the continuation of the active impulse wave 3 from the middle of September.
Given the strong multi-month daily upend and the bullish US dollar sentiment viewn today across the FX markets, USDJPY currency pair can be expected to rise further to the next strong resistance level 157.00 (which stopped the previous minor correction b).
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