USD/JPY Forecast: Critical 200-SMA Defense as Bulls Face Daunting 159.00 Resistance

BitcoinWorld USD/JPY Forecast: Critical 200-SMA Defense as Bulls Face Daunting 159.00 Resistance The USD/JPY currency pair continues to defend its critical 200-period Simple Moving Average support on the four-hour chart, creating a pivotal technical battleground that could determine near-term direction for the world’s second-most traded currency pair. As of June 2025, the pair’s struggle near the psychologically significant 159.00 level reflects broader market uncertainty surrounding Bank of Japan policy normalization and Federal Reserve interest rate trajectories. Market participants globally monitor this technical confrontation closely, particularly given the pair’s 25% appreciation since early 2024 and its implications for global trade flows. USD/JPY Technical Analysis: The 200-SMA Support Defense The 200-period Simple Moving Average represents a crucial long-term trend indicator tha