USD/JPY, Technical Analysis – H4
20.07.2026 12:02
Harian
Teknikal
The pair’s trading range continues to tighten sharply. There is still enough room left for today’s session, so this narrowing may persist. A breakout impulse could coincide with heightened volatility in EUR/USD.
Key Levels:
□ 162,100 (lower boundary)
□ 162,400 (upper boundary)
Primary Scenario:
Continuation of consolidation within the 162,100–162,400 range.
Alternative Scenario:
Sharp breakout beyond the 162,100–162,400 range, followed by a strong directional impulse.
Analyst Commentary:
No clear directional bias for today; monitor for a decisive breakout on increased volume.