USD/JPY has reached new 34-year highs, surpassing its previous peak of ¥153.60 in July 1987. The next key level to watch for is ¥154.00, with potential to move even higher towards ¥155.00.
As long as Friday’s low at ¥152.60 holds, there is expected to be continued upward pressure. If this level is breached, attention may shift to the ¥151.97-91 range, followed by the ¥150.88-81 support zone.
