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Japanese Yen Technical Outlook: USD/JPY Coils Below 2024 High Resistance

Published Jul 15, 2026 9:20 AM Last refreshed Jul 18, 2026 7:18 AM Source: Forexcom Event Time: Jul 15, 2026 9:20 AM
Imported headline
Japanese Yen Technical Outlook: USD/JPY Coils Below 2024 High Resistance

Source
Forexcom - https://www.forex.com/en-us/news-and-analysis/japanese-yen-technical-outlook-usd-jpy-coils-below-2024-high-resistance-7-15-2026/

Summary
USD/JPY has failed to close above the 2024 swing high for a third straight week, keeping Bank of Japan intervention risk in play. Michael Boutros, Senior Market Analyst at FOREX.com, breaks down the multi time frame setup and the exact levels that would confirm a breakout or a deeper reversal.
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