USDJPY OUTLOOK: Is the 40-year high in play again?

Trader 1 · July 13, 2026
General

What stands out on this chart is a  bounce from a double bottom just above 161.25 support.

On the other side, for momentum to buil;d to the upside, 161.80 needs tyo hold as support followed by a break of 162.25.

To put the 40 year high at 162.83 in play again, 162.50 would need to be broken.

(AT 4 hour chart)

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