USD/JPY may fall 107 - 137 pips.

29 Jan 2026

Pivot 153.55
Our preference : Short positions below 153.55 with targets at 152.40 & 152.10 in extension.

Alternative scenario Above 153.55 look for further upside with 154.00 & 154.40 as targets.

Comment : As long as the resistance at 153.55 is not surpassed, the risk of the break below 152.40 remains high.