Technical analysis for USD/JPY
The pair is moving in an uptrend on the weekly and daily timeframes. The price bounced upward from a weekly FVG zone. The pair also succeeded in breaking above the 155.26 level, which represents a structural shift from bearish to bullish on the 4-hour timeframe. The pair is expected to rise further due to the ongoing weakness of the Japanese yen.

Economic overview
There are no major economic events today; therefore, the price movement is expected to remain steady on the pair.

Liquidity levels
The price is expected to rise today and target levels 156.21 followed by 157.18.
The bullish scenario is invalidated if a 4-hour candle closes below 154.35.