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fxJun 19, 2026, 8:31 AM

USD/JPY Uptrend Intact as 162 Resistance Nears – SocGen

Societe Generale's Kenneth Broux notes USD/JPY has resumed its advance after holding a multi-month trendline near 157.40 and breaking out of consolidation, approaching the 2024 peak near 162.

USDJPY

According to Societe Generale's Kenneth Broux, USD/JPY has resumed its advance after holding a multi-month trendline near 157.40 and breaking out of consolidation. The pair is now approaching the 2024 peak around 162. The uptrend remains intact as key support levels hold.

Source: FXStreet Forex News