USDJPY

• Despite the strong bullish momentum, the Relative Strength Index (RSI) has risen near 80 on the 4-hour chart, indicating the pair is overbought. This suggests a short-term decline may be imminent after this strong upside move.

Fundamental Context

USD/JPY surges above 163.00 after intervention zone break; the bullish trend holds, but overbought signals warn of a pullback.