{video}USDJPY has been in a steady uptrend since late 2023, forming a V-shaped recovery from its November-December rout. Moreover, in the past few sessions, the pair has been trading sideways near its 2024 peak of 150.87, a tad below its 33-year high of 151.94 registered in October 2022. Should bullish pressures persist, the price might revisit its recent three-month peak of 150.87. Conquering this barricade, the bulls could attack the 2023 high of 151.90, which lies marginally below the 33-year peak of 151.94. Further advances could then cease at 154.64, which is the 123.6% Fibonacci extension of the 151.90-140.24 ... (full story)