DeGRAM | USDJPY is testing the support area

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📊 Technical Analysis
● USD/JPY rebounded from the rising support line near 155.0–155.2, forming higher lows after a corrective pullback within the broader ascending structure. Price continues to respect the medium-term bullish channel.
● Rejection from the descending resistance line around 157.0 was followed by consolidation above former intraday resistance at 156.0, signaling a potential continuation toward the upper trend boundary.

💡 Fundamental Analysis
● The bullish bias is supported by a persistent US-Japan yield spread, as expectations of prolonged Fed policy tightness contrast with the Bank of Japan’s cautious and gradual normalization stance.

Summary
● Bullish while above 155.0. Upside targets: 156.5–157.0. Key support: 155.0–155.2.

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