USD/JPY closes below its 20-day average
The latest completed daily close is 157.4980, versus a 20-observation moving average of 157.9081. The prior completed week traded between 156.6570 and 158.2440. This describes observed price behaviour, not a prediction.
While price remains between 156.8927 and 158.4797, watch how it behaves around the weekly pivot at 157.5683.
A sustained break above 158.4797 would favour the upside scenario. Returning below the pivot would weaken it.
A sustained break below 156.8927 would favour the downside scenario. Recovering above the pivot would weaken it.
Policy event to monitor: BoJ’s next scheduled decision is December 18, 2026. A schedule does not predict the decision or the currency reaction.
Recalculates with source updates. Trend is above/below the 20-day average using a 0.1% neutral band. Pivot = (prior-week high + low + final close) ÷ 3; S1 = 2 × pivot − high; R1 = 2 × pivot − low. In-progress daily candles are excluded. These are conditional technical scenarios, not an editorial forecast or guaranteed targets.