USDJPY TECHS: Trades Through The 50-Day EMA

* RES 4: 162.00 Round number resistance * RES 3: 161.37 61.8% retracement of the Jul 23 - Sep 8 bear leg * RES 2: 160.39 High Sep 2 * RES 1: 158.44 50.0% retracement of the Jul 23 - Sep 8 bear leg * PRICE: 158.26 @ 15:45 BST Sep 23 * SUP 1: 156.67 20-day EMA * SUP 2: 154.86/152.89 Low Sep 16 / 8 and the bear trigger * SUP 3: 152.10 Low Jan 27 * SUP 4: 151.94 50% retracement of the Apr 22 '25 - Jul 23 bull leg A bull cycle in USDJPY remains in play - for now - and the pair has traded to a fresh short-term cycle high. Price has cleared the 20-day EMA, at 156.67. This signals scope for a stronger near-term recovery. Today's gains have resulted in a move above resistance at the 50-day EMA, at 158.07. Clearance of this average would strengthen the current bull cycle. Key support has been defined at 152.89, the Sep 8 low.