155.45 Emerges as Key Downside Trigger for USD/JPY
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The 155.45 level has been identified as the critical downside trigger for USD/JPY, acting as a technical floor beneath the current resistance test at 156.13/50. A decisive close under this mark would invalidate the near-term bullish structure.
This support zone gains added significance given the bearish RSI divergence already forming on higher timeframes. A breakdown here could trigger stop-loss cascades, accelerating momentum toward lower support clusters.
Until 155.45 gives way, the pair remains technically range-bound between resistance and support, with the BoJ's policy stance likely serving as the decisive fundamental catalyst for the eventual breakout direction.
