USDJPY technical outlook: price slips then rebounds back into a neutral range

The USDJPY currency pair experienced a downward move in the Asia-Pacific session, briefly breaking below the 200-bar moving average at 155.29 on the 4-hour chart. This was similar to last Thursday's price action where it also fell below the same average before bouncing back. In the previous scenario, however, buying momentum stalled against the falling 100-bar moving average, reflecting a failure from both buyers and sellers to maintain their positions. Early weakness was assisted by a pullback in U.S. Treasury yields, with the 10-year yield initially dropping but then stabilizing. The price eventually rebounded above the 200-bar MA, returning to a neutral range. The current price is caught between the 100-bar and 200-bar moving averages, indicating indecision in the market. The week ahead is filled with significant economic data releases, which could easily sway the dollar's trajectory depending on the outcomes.