USD/JPY AI Live Scan, daily chart, Wednesday, 10 June 2026
Every read JAFX AI made on the USD/JPY daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:37 UTC
Uptrend, grinding into highs · RSI 71 · price 160.534
Chain of higher highs / higher lows since mid-Feb.
USDJPY has run an uninterrupted multi-month uptrend off the 152.27 mid-Feb low, holding above a rising EMA(50) on D1 throughout and now pressing the 160.55 high. The last two weeks have narrowed into a rising-wedge grind, with RSI stretched above 70 as price sits inside the 160.00-160.50 intervention red zone ahead of the BoJ on Jun 16. Hot Japanese GDP and PPI cemented hike bets but firm US yields kept the yen on the back foot.
Support: 159.60
Resistance: 160.55, 161.15
What it said to watch
BoJ decision Jun 16 03:00 UTC — a hawkish path signal could force JPY short-covering and a slide back below 160.00 toward 159.60
MOF/BoJ intervention or jawboning around 160.50 would cap and snap price lower
Daily close above 161.15 extends the wedge into deeper intervention territory
US PPI Thu could push the read; hot print risks 161-162, soft print eases back below 160
21:02 UTC
Uptrend, grinding into intervention zone · RSI 66 · price 160.546
Higher highs / higher lows since Feb low.
Multi-month uptrend intact: price has held above a rising EMA(50) since the mid-Feb low near 152.27, recovering steadily after the late-March one-day flush to 155.49. The last two weeks have been a slow grind of higher closes into the 160.00-160.50 intervention red zone, with the late-March 160.72 spike high now directly overhead. JPY weakness persists despite hot Japanese GDP and PPI as firm US yields dominate carry.
Support: 160.00, 159.30, 155.49
Resistance: 160.72, 161.15
What it said to watch
BoJ rate decision Jun 16 could materially shift this read
160.00-160.50 intervention zone — area to watch for rejection or MOF response
D1 close above 160.72 opens the path toward the 161.15 wedge top
Failure to hold 159.30 breaks the recent higher-low sequence
21:02 UTC
Uptrend, grind into highs · RSI 66 · price 160.546
Higher highs/higher lows, low-vol drift.
Months-long uptrend off the early-Feb low at 152.27, price holding above a rising EM(50) on D1 throughout. After the early-April washout to 155.49, buyers reclaimed the trend and have ground steadily higher in a tightening channel, with the last two weeks compressing between 159.60 and the prior high at 160.72. Resilient US yields and a heavily net-short yen have kept the pair pinned near the highs despite firm Japanese data.
Support: 159.60
Resistance: 160.72, 161.15
What it said to watch
160.00-160.50 intervention zone — area to watch for MOF/BoJ jawboning or a sharp snap-back
Daily close above 160.72 opens the path toward the 161.15 wedge top
BoJ decision Jun 16 and US PPI Jun 11 could materially shift this read
Failure to hold 159.60 breaks the recent higher-low chain