USD/JPY, Friday, April 17, 2026 
The major currency pair USD/JPY yesterday appeared to hold steady in a bullish correction wave after successfully moving away from the daily lower area of 158.288, supported by the strengthening of the USD Index. This morning, on the H4 timeframe, a candle can be seen swinging at the price level of 159.205, being held at the intersection area of the blue EMA21 line with the purple EMA50 line, located above the dynamic support line of the orange EMA200. The bullish technical support direction is also reflected in the swing of the CCI14 indicator wave line, which is currently still swinging upwards away from the neutral area of zero. In general, the trading plan to BUY USD/JPY for today is still a profitable trading option, by placing a stop loss at the support area of 158.288 and a take profit target at the higher area of 160.470.
