Today, the USD/JPY pair mostly rises in the 150.30–90 range after declining to 149.20 on Friday. On the hourly chart, the pair rose slightly above the MA (200) and H1 moving average lines (150.25). On the four-hour chart, the pair moved above the MA (200) and H4 (149.60). Technically speaking, resistance at 151.70 may keep prices from rising further. If this level is passed, the pair may rise to 152.00. The lower boundary of 149.15 represents a support level.

  • Resistance levels are 151.70, 152.00, and 153.00.
  • Support levels are 150.25, 149.85, and 149.15.

The main scenario for the pair suggests growth to 151.70 (Oct. 31 high) and then to the psychological level of 152.00.
The alternative scenario implies a break of the MA (200) and H1 (150.20) and maybe a decline to 149.15 (Nov. 3 low).