Technical Analysis: USD/JPY - Tuesday, August 18

Leading FX Broker • Aug 18, 2026 at 6:15 AM EDT

USD/JPY broke above 158.05 resistance, signaling a potential rebound toward 160.85 after the Yen surrendered recent gains.

The Yen gave back some of its recent advance that was triggered by US and Japanese intervention.
The pair printed above the 158.05 resistance which indicated a wider range for rebound towards the 160.85 resistance.
Starting from the 160.85 resistance, the drop scenario could return.
When the Bank of Japan began the Intervention, the peak was around 163.97 which could sustain as resistance.
If the Yen retreats again, traders could expect another Intervention.

	SUPPORT	RESISTANCE
LEVEL1	158.50	160.10-20
LEVEL2	156.70	160.85
LEVEL3	155.00	163.80

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