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USD/JPY Rebound Fades, Neutral Bias Takes Hold Amid Temporary Top

Guavy AI Editorial Team Published September 19, 2026

Instruments

USD JPY

The USD/JPY currency pair experienced an extended rebound last week, indicating that it may have bottomed out at 152.87.

Although a temporary top was formed at 158.04, the initial bias is now neutral for this week.

If the price rises above 158.04, it will target the 61.8% retracement of the previous move from 163.97 to 152.87 at 159.72.

However, if the price breaks below 155.32, the bias is expected to shift back down towards retesting 152.87.

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