DeGRAM | USDJPY retesting the resistance level

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📊 Technical Analysis
● Four consecutive higher-lows off 140.9 have carved a rising flag that presses the channel roof (144.8); flag depth projects to the April swing-top/ Fib cluster at 147.8 once 145 is cleared.
● Daily RSI holds above 50 and price is now trading back above the broken wedge-cap (142.9), confirming it as demand and tilting risk toward the 150.9 macro ceiling.

💡 Fundamental Analysis
● US 2-yr yields stay >4.70 % after solid ISM-services prices, while BoJ minutes show members preferring “patient” normalisation; the widening policy gap keeps yen funding pressure intact.

Summary
Long 142.9-144.0; break of 145 targets 147.8, stretch 150.9. Bull view invalidated on a daily close below 140.9.

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