# USDJPY 22/10: Alternative bullish scenario

> USDJPY could rise as false breakdown triggers recovery near 156.530.
- Title: USDJPY 22/10: Alternative bullish scenario · TradingView
- Summary: USDJPY could rise as false breakdown triggers recovery near 156.530. USDJPY may rebound after false breakdown below 156.500 with target at 160.215.
- Keywords: usd, jpy, bankofjapan, support, resistance, tradingview, business, finance, USDJPY, Alternative, bullish, scenario
- Source: TradingView — https://tradingview.com/chart/USDJPY/WqnuXhBd-USDJPY-22-10-Alternative-bullish-scenario
- Published: 2026-10-22T12:42:44+00:00
- Read time: 1 min
- Topics: usd, jpy, bankofjapan, support, resistance, tradingview, business, finance
## USDJPY alternative scenario
USDJPY approaches support at 156.530 with false breakdown potential.
## Defensive demand supports yen
Yen strength persists despite dollar resilience from technology stock retreats.
## Bank of Japan rate expectations
Bank of Japan tightening expectations boost yen as inflation comments delay policy.
## Trading setup for USDJPY
BUY at 156.530 with SL 155.355 and TP 160.215 if support holds.
## Key takeaway

USDJPY may rebound after false breakdown below 156.500 with target at 160.215.