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Market Technical Analysis by RoboForex

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USDJPY declines amid expectations of tighter BoJ policy

The USDJPY pair is falling more sharply as the yen strengthens and technical indicators continue to give bearish signals. The rate currently stands at 157.19.

Technical outlook

The USDJPY rate is declining sharply, although buyers found support at the lower boundary of the descending channel. Today's USDJPY forecast anticipates a further decline towards a potential target at 156.25.

usdjpy-2026-10-22.png


The USDJPY forecast for 22 October 2026 indicates that bearish momentum is likely to persist.

Read more at RoboForex Website

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Sincerely,
The RoboForex Team
 

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