Medium Impact USDJPY USD US

USD/JPY Breakout Gathers Pace as Bulls Dominate Trading

Published Jul 23, 2026 11:29 PM Source: Action Forex Event Time: Jul 23, 2026 11:29 PM
USD/JPY Breakout Gathers Pace as Bulls Dominate Trading

Source: Action Forex - https://www.actionforex.com/contributors/technical-analysis/648310-usd-jpy-breakout-gathers-pace-as-bulls-dominate-trading/
Published: Jul 23, 2026 11:29 PM

The US Dollar started a fresh increase from 162.65 against the Japanese Yen. USD/JPY cleared the key hurdle at 163.20 to enter a bullish zone.

Market context: This update is relevant to USD traders, with USDJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.