USD/JPY Consolidating Below Resistance Near 155USD/JPYTASTYFX:USDJPYtastyfxUSD/JPY is starting the week on slightly stronger footing in the wake of the news that a tentative deal had been reached in the U.S. Senate to end the longest government shutdown in history. While the U.S. Dollar has firmed versus most of its counterparts, the downdraft in U.S. Treasury yields over the morning session on Monday has allowed the Japanese Yen to recoup some losses. On the Yen side, Japanese government bond (JGB) 10-year yield reached its highest level since June 2008 as fiscal concerns mount across the Pacific. In the above chart, USD/JPY rates have struggled to breach the February 2025 swing high near 155, having paused below said resistance since late-October. That said, momentum remains to the upside, with USD/JPY well-supported by uptrends in both the 20-day exponential moving average (EMA) and 50-day EMA. A breach of 155 would suggest continuation to the upside back to the 2025 highs would be in focus; a drop below the 20-day EMA would initially expose the late-October swing low below 152.