USD/JPY - Bullish Channel, Next Targeting 148.95 (23.09.2025)

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USD/JPY - Bullish Channel, Next Targeting 148.95 (23.09.2025)US DOLLAR VS JAPANESE YENTRADENATION:USDJPYKABHI_TA_TRADING#USDJPY #Forex #Trading #TechnicalAnalysis USD/JPY is trading within a Bullish Channel Pattern on the 30M chart, holding above the rising trendline support. The pair is bouncing from the support zone (147.50 โ€“ 147.70), signaling potential upside continuation. ๐Ÿ”น Market Structure: Bullish channel intact with higher highs & higher lows. Price rejected the support zone and trendline. Momentum suggests buyers could retest upper channel resistance. ๐Ÿ”น Key Levels: Support Zone: 147.50 โ€“ 147.70 1st Resistance: 148.58 2nd Resistance: 148.95 ๐Ÿ“ˆ Trading Idea: As long as USD/JPY stays above the support zone, bulls may drive price higher toward 148.58 โ†’ 148.95. โš ๏ธ Invalidation: A break below 147.50 would weaken the bullish outlook. โ€œDiscipline + Patience = Consistency ๐Ÿ”‘โ€