USD/JPY Hovers Near Nine-Day EMA Around 162.00

USD/JPY recovered from a two-day losing streak and is trading near the 162.00 level in Asian trading on Monday.

The pair retains a bullish near-term bias, supported by price action above both the nine-period and 50-period exponential moving averages.

Technical indicators suggest the uptrend remains intact for now, with no immediate signs of reversal.