The USD/JPY currency pair continues to move as part of its upward 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 156.29. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, indicating selling pressure on the US Dollar and potential continued declines from current levels. The Japanese Yen exchange rate forecast for February 27, 2026, anticipates an attempt at further growth and a test of the resistance area near 156.45. Next, a price rebound and a continued decline in the USD/JPY pair below 153.75.
USD/JPY Forecast Japanese Yen for February 27, 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 Head and Shoulders pattern. A strong rally and a breakout of 157.65 will cancel out the downward trend in the USD/JPY pair. This will indicate a breakout of the resistance area and continued growth in the USD/JPY pair. In this case, we should expect a continued rise above 159.65. Confirmation of the price decline should be expected with a breakout of the support level and a consolidation below 155.05, which will indicate a breakout of the lower boundary of the Head and Shoulders pattern and the beginning of the pattern’s implementation with targets below.
USD/JPY Forecast Japanese Yen for February 27, 2026 suggests an attempt at a bullish correction, testing the resistance zone near 156.45. This should then lead to continued downward momentum below 153.75. A test of the trend line on the relative strength indicator (RSI) would support a downside move. A strong rally and a breakout of 157.65 would invalidate the downside scenario. This would indicate a breakout of the resistance level and continued growth with a potential target above 159.65.
