• USD/JPY remains above Ichimoku Cloud, Tenkan, and Kijun-Sen levels, supporting further upside potential.
• Key resistance levels: 158.25 (June 17 high), 158.44 (April 26 peak), and 160.32 (YTD high).
• Support levels: 157.00, Tenkan-Sen at 156.98, Senkou Span A at 156.16, and Kijun-Sen at 155.93.

The USD/JPY remains flat as Thursday’s Asian session begins, yet it printed minuscule gains of 0.15% on Wednesday. The lack of catalysts and US traders away from their desks in observance of the Juneteenth holiday dried up the FX space, which has remained unmoved since the London close. The major trades at 158.00, virtually unchanged