The quotes of the Dollar Yen USD/JPY currency pair continue to move within the framework of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 147.40. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices broke through the area with signal lines downwards, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast of the Japanese Yen exchange rate for August 28, 2025, we should expect an attempt to develop growth in quotes and a test of the resistance area near the level of 148.05. Next, a price rebound downwards and a continuation of the fall of the USD/JPY pair to the area below the level of 145.65.
USD/JPY Forecast Japanese Yen for August 28, 2025
An additional signal in favor of the fall of 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. The cancellation of the fall option of the Dollar Yen currency pair will be a strong growth and a breakout of the level of 149.05. This will indicate a breakout of the resistance area and continued growth of the Dollar Yen currency pair. In this case, we should expect a continuation of the rise of the pair to the area above the level of 152.45. Confirmation of the price fall should be expected with a breakout of the support level and consolidation of the price below the level of 147.15.
USD/JPY Forecast Japanese Yen for August 28, 2025 suggests an attempt to develop a bullish correction with a test of the resistance zone near the level of 148.05. Then, the continuation of the development of the bearish impulse of quotes to the area below the 145.65 mark. The test of the trend line on the relative strength indicator will be in favor of the decline of the pair. The cancellation of the fall option will be a strong growth of quotes and a breakout of the 149.05 area. This will indicate a breakout of the resistance level and continued growth of the pair with a potential target above the level of 152.45.
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