USD/JPY AI Live Scan, daily chart, Thursday, 18 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.
21:02 UTC
Uptrend, grinding near highs · RSI 64 · price 160.871
Higher highs / higher lows, consolidating at 2yr high.
Multi-month uptrend from the February 152.60 base, price holding well above a rising EMG(50) on D1 and pressing the 160.95 two-year high. The advance is driven by the widening US-Japan rate gap after a hawkish Fed dot plot, with the BoJ's cautious 1.0% hike failing to support the yen. The last two weeks have been a slow grind higher into the 160.00–160.95 intervention zone rather than an impulsive leg, hinting at slowing momentum near resistance.
Support: 159.54
Resistance: 160.95
What it said to watch
National CPI tonight 23:30 UTC and BoJ minutes could shift the next-bar read
Intervention risk above 160 — a sharp spike-down from the 2yr high would break the higher-high chain
Daily close above 160.95 opens the path higher; failure to hold the 159.54 swing low signals a deeper pullback
21:02 UTC
Uptrend, grinding to new highs · RSI 66 · price 160.871
Higher highs and higher lows since February.
USDJPY has carried a multi-month uptrend from the February 152.59 base, holding above EMA(50) on D1 throughout, with the hawkish Fed dot-plot lift this week widening the rate gap and pushing price through 160 into the intervention zone. After several weeks consolidating 159.50–160.50, the last four sessions have ground out fresh highs at 160.95, the two-year peak. The dominant carry bias against the yen remains intact on the chart, but the 160 area is repeatedly flagged as the MoF tolerance line.
Support: 160.00, 159.50
Resistance: 160.95
What it said to watch
Daily close back below 160.00 psych would break the recent breakout structure
Japan National CPI ex-fresh-food at 23:30 UTC tonight plus BoJ minutes could shift the read
Intervention risk above 160 raises odds of a sharp short-covering snapback