USD/JPY is maintaining a strong bullish structure after breaking out of a prolonged consolidation zone and respecting the ascending trendline. Price has successfully held above the key support area around **159.62**, signaling continued buying pressure. The recent breakout and higher-low formation suggest that buyers remain in control.
As long as price stays above the trendline and support level, the pair may continue its upward move toward the next major resistance near the psychological **160.00** mark.
Target:** 159.99 – 160.00Key Support:**
159.62
Bias:** Bullish
Invalidation:** A sustained break below 159.62 could weaken the bullish outlook and trigger a deeper pullback.
As long as price stays above the trendline and support level, the pair may continue its upward move toward the next major resistance near the psychological **160.00** mark.
Target:** 159.99 – 160.00Key Support:**
159.62
Bias:** Bullish
Invalidation:** A sustained break below 159.62 could weaken the bullish outlook and trigger a deeper pullback.
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