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USDJPY caught between key support and resistance as directional bias narrows

USDJPY has been under pressure since yesterday but found buyers near the 144.40–144.52 zone—a key support area that held during the most recent tumble (see renumbered circles from 2024). A break below this level would have shifted the bias more decisively to the downside, but for now, buyers have stepped in and stalled the fall.

The rebound took the pair back up toward 146.534—the former 2025 low from March 11 and a prior swing high from September 27, 2024

USDJPY caught between key support and resistance as directional bias narrows