USD/JPY – Strong Upside Potential After a Steady RecoveryUSD/JPYOANDA:USDJPYParadise_NoirThe USD/JPY pair is continuing its strong upward trend, with 154.000 acting as a key support level. Data from Japan and the U.S. show that the USD remains strong, while the Japanese Yen is weak due to the Bank of Japan's loose monetary policy. Looking at the chart, USD/JPY is trading in a clear ascending channel, with 153.400 serving as strong support. The pair is approaching a strong resistance at 155.500 and could continue towards this level if the current bullish momentum is maintained. However, if the price adjusts slightly to 154.400, it will present an opportunity to increase long positions. Conclusion: With the strong bullish trend and solid support at 153.400, USD/JPY is likely to continue rising in the short term. If the 155.500 resistance is broken, the next target will be 156.000. The pair has enough momentum to reach higher levels in the upcoming trading sessions. Recommendation: Open a BUY position if the price adjusts to 154.400 and monitor for a breakout of the strong resistance at 155.500.