The USD/JPY currency pair continues to move as part of a downward trend and the formation of a Triangle pattern. At the time of publication of this forecast, the US Dollar to Japanese Yen exchange rate is 153.48. Moving averages indicate a short-term downtrend for the pair. Prices have broken below the area between the signal lines, indicating downward pressure from US Dollar sellers and potential further price declines from current levels. The Japanese Yen exchange rate forecast for February 17, 2026, anticipates an attempt at further growth and a test of the resistance area near 153.65. Next, a downward price rebound and a continued decline in the USD/JPY pair below 150.75.
USD/JPY Forecast Japanese Yen for February 17, 2026
An additional signal favoring a decline in the USD/JPY currency pair will be a test of the resistance line on the relative strength indicator. A second signal will be a rebound from the upper boundary of the Triangle pattern. A strong rally and a breakout of 154.65 would cancel the downward trend for the USD/JPY pair. This would indicate a breakout of the resistance area and continued growth in the USD/JPY pair. In this case, we should expect a continued decline below 156.85. Confirmation of the price decline should be expected with a breakout of the support level and a consolidation below 151.80, which would indicate a breakout of the lower boundary of the Triangle pattern and the beginning of the pattern’s implementation with targets below.
USD/JPY Forecast Japanese Yen for February 17, 2026 suggests an attempt at a bullish correction, testing the resistance zone near 153.65. Subsequently, the bearish momentum will continue to develop below 150.75. A test of the trendline on the relative strength indicator (RSI) would support a downside move. A strong rally and a breakout of 154.65 would invalidate this downside scenario. This would signal a breakout of the resistance level and a continued rally with a potential target above 156.85.
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