USD/JPY Slams Into 156.13/50 Wall After Hawkish Fed Hike
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USD/JPY has surged into the 156.13/50 resistance zone, a level that has capped prior rallies, after the Fed's latest rate hike reinforced the dollar's yield advantage over the yen.
Bearish RSI divergence is building on the charts even as price grinds higher, a classic warning sign that upside momentum may be thinning despite the fresh highs.
A break above 156.50 opens the door to further dollar strength, but failure here keeps 155.45 in focus as the key trigger for a deeper pullback.