The confusion about trade tariffs has calmed down, so the USD/JPY (US dollar to Japanese yen) exchange rate may move sideways (not up or down strongly) for a while.
There is not much new reason to sell the dollar now. Also, there is news that Japan may face a 25% tariff, but this does not give more reason for the yen to become weaker.
Recently, the price had trouble going over 147 yen, so it might start to go lower.
The area around 145.50 yen is strong support. It is the top of the Ichimoku cloud (a chart indicator) and also the 50% point on the Fibonacci chart.
So, the USD/JPY is expected to move up and down between 146.90 and 145.60 yen.
USD/JPY Forecast Range: 145.60 – 146.90
Note: This information does not guarantee profits. Please make your own decisions when trading.