USDJPY runs to a new high with the price extending above the next target

  • The swing high from April 2 was breached at 150.48
USDJPY
USDJPY technicals

The USDJPY continues to push higher, with the price reaching an intraday high of 150.79. This latest leg to the upside has cleared the April 3 swing high at 150.48, reinforcing bullish momentum. The next key target zone comes in between 151.198 and 151.33, followed by the 61.8% retracement of the 2025 decline at 151.616.

Earlier in the day, buyers drove the pair decisively above the 200-day moving average at 149.53 and the 50% midpoint of the 2025 trading range at 149.375—both of which now serve as important support zones. With the price comfortably above these levels and momentum building, buyers remain firmly in control of the directional bias

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