March 16, 2026

USD/JPY Price Forecast: Remains above 159.50 amid persistent bullish bias

March 16, 2026

USD/JPY Price Forecast: Remains above 159.50 amid persistent bullish bias

USD/JPY edges lower after four days of losses, trading around 159.60 during the Asian hours on Monday. On the daily chart, technical analysis indicates a persistent bullish bias as the pair remains within the ascending channel pattern.

USD/JPY edges lower after four days of losses, trading around 159.60 during the Asian hours on Monday. On the daily chart, technical analysis indicates a persistent bullish bias as the pair remains within the ascending channel pattern.

Article written by AdminFF

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