**📈 USD/JPY Analysis – Long Setup**
USD/JPY is showing strong bullish momentum after breaking above the key resistance zone near 145.80–146.00. The breakout is supported by higher lows on the H4 chart, indicating steady demand.
🔑 Technical factors favoring longs:
Price has reclaimed the 146.10 psychological level and is holding above it.
A clear bullish structure with higher highs and higher lows.
Moving averages are pointing upward, confirming the trend continuation.
Next resistance levels to watch: 147.30 and 148.700.
**📊 Fundamental backdrop*
The US dollar remains supported by expectations of prolonged higher interest rates from the Federal Reserve.
Japanese yen continues to face pressure due to the Bank of Japan’s ultra-loose monetary policy.
**💡 Trading plan:
**
Look for **long entries above 146.680** with confirmation.
**First target* 147.300
**Extended target* 148.680.
**Stop-loss** below 146.100 to protect against a false breakout.
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