USD/JPY, Technical Analysis – H1

28.07.2026 11:31
장중
기술적

Our assessment yesterday regarding the relevance of the expanding megaphone pattern has proven correct: despite a relatively deep and volatile correction, the pair has maintained and continued its upward trend. Upside potential within this pattern lies in the 164.200–164.500 zone.

Key Levels:

□ 164.200

□ 164.500

Primary Scenario:

Further advance of the quotes toward the 164.200–164.500 area.

Alternative Scenario:

Additional consolidation at current levels.

Analyst Commentary:

Only long positions should be considered.