The U.S. Dollar is gaining momentum against the Yen as markets anticipate a potential Fed rate hike. On the daily chart, price has broken above 157.70, holding firm above support at 155.04.
Targets: Upside projections point to 160.89 (Target 1) and 162.06 (Target 2).
Stop‑Loss: Risk is managed near 157.03, just below recent consolidation.
Trend Context: Sustained higher lows since May confirm bullish structure, with momentum favoring continuation toward resistance zones.
Technical Bias: As long as price holds above 157.00, bulls remain in control, eyeing the profit zone highlighted between entry and targets.
Targets: Upside projections point to 160.89 (Target 1) and 162.06 (Target 2).
Stop‑Loss: Risk is managed near 157.03, just below recent consolidation.
Trend Context: Sustained higher lows since May confirm bullish structure, with momentum favoring continuation toward resistance zones.
Technical Bias: As long as price holds above 157.00, bulls remain in control, eyeing the profit zone highlighted between entry and targets.
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