Forex Signal Watch: Yen Crosses Eye 155.45 Pivot Break
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The 155.45 level stands out as the critical downside trigger for USD/JPY following its push toward 156.13/50 resistance. A confirmed close below this pivot would signal exhaustion of dollar strength and open the door to broader yen-buying momentum across JPY crosses, especially if BoJ Governor Ueda hints at faster policy normalization.
Traders monitoring correlated pairs like EUR/JPY and GBP/JPY should treat this pivot as a leading signal for regional yen sentiment shifts.
Signal: Sell USD/JPY on break below 155.45, Entry 155.40, Stop Loss 156.00, Take Profit 154.20, Risk/Reward approx 1:2. Confirmation via Japan CPI data or hawkish BoJ commentary strengthens conviction.