The USD/JPY currency pair continues to move within the growth and bullish channel. At the time of publication, the US dollar to Japanese yen exchange rate is 147.56. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area with signal lines, which indicates pressure from US dollar buyers and a potential continuation of price growth from current levels. As part of the forecast for the Japanese yen on August 20, 2025, we can expect an attempt to develop growth in quotes and a test of the resistance area near the level of 148.05. Further, a rebound in prices downwards and a continuation of the fall of the USD/JPY pair to an area below the level of 145.55.
USD/JPY Forecast Japanese Yen for August 20, 2025
An additional signal in favor of a decline in the USD/JPY currency pair will be a test of the resistance line on the relative strength indicator. The second signal will be a rebound from the upper border of the bearish channel. A strong rise and a breakout of the 148.65 level will cancel the option of a decline in the dollar-yen currency pair. This will indicate a breakout of the resistance area and a continuation of the growth of the dollar-yen currency pair. In this case, we should expect the pair to continue rising to above the 150.25 level. Confirmation of the price decline should be expected with a breakout of the support level and consolidation of the price below 146.95, which will indicate a breakout of the lower border of the “Wedge” reversal pattern.
USD/JPY Forecast Japanese Yen for August 20, 2025 suggests an attempt to develop growth with a test of the resistance zone near the 148.05 level. Then, the bearish momentum of quotes will continue to develop in the area below the 145.55 mark. A test of the trend line on the relative strength indicator will support the pair’s decline. A strong rise in quotes and a breakout of the 148.65 area will cancel the decline scenario. This will indicate a breakout of the resistance level and a continuation of the pair’s growth with a potential target above the 150.25 level.
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