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FxWirePro- Major Pair levels and bias summary 
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• USD/JPY edged higher on Thursday as Japanese Yen marginally weakened on renewed US-Iran tensions.
• The risk of official intervention is still seen as elevated, which is likely limiting further upside momentum for the pair in the near term.
• The 160 level is once again viewed as a key psychological “line in the sand,” with USD strength also supported by renewed US–Iran geopolitical tensions.
• Oil prices eased in the previous session but saw a modest rebound during Asian trading hours.
• Yield differentials remain supportive for USD/JPY, with U.S.–Japan 2-year spreads still wide, while 10-year differentials have narrowed somewhat.
• Immediate resistance is located at 160.68 (Psychological level), any close above will push the pair towards 160.55(23.6%fib).
• Support is seen at 158.94 (50%fib) and break below could take the pair towards 158.16(SMA 20).
Recommendation: Good to buy around 159.50, with stop loss of 158.50 and target price of 159.90
