The USD/JPY has found support at 152.65 and is now attempting to turn higher, suggesting the yen may again weaken against the dollar. The pair has been testing support for several trading sessions and has been unable to strengthen further against the dollar. This puts resistance at 154.10 back into play.
The relative strength index is rising and has formed a series of higher lows, suggesting the trend may favour further gains in USD/JPY. It suggests that momentum is shifting again and, perhaps more importantly, that a more durable change in trend is underway. This aligns with the longer-term uptrend visible on the price chart.
Source: TradingView, 19 February 2026
That is not to say USD/JPY has a clear path back to 158, as several resistance zones along the way could cap any advance. Before the pair can reach resistance at 154.10, it must also surpass the 10-day exponential moving average, currently around 154. That moving average has acted as both short-term support and resistance for USD/JPY since early October. The region around 154 to 154.20 is a strong area of resistance that could stall the yen.