The currency pair remains in a bullish trend in both outlooks.
Buyers may take their positions as desired.
USDJPY Weekly Price Analysis – March 29
At the moment the USDJPY market remains in a bullish trend. The pair may increase further to break up the $151.90 resistance value if an additional effort is being added by the bulls. This might drive the Yen price further up to a $152.00 upper resistance level, resulting in the best forex signal to the long traders.
USDJPY Market
Key Levels:
Resistance levels: $149.00, $150.00, $151.00
Support levels: $140.00, $139.00, $138.00
USDJPY Long-term Trend: Bullish (Daily chart)
The USDJPY pair looks bullish and remains in a bullish trend on the daily chart. The price can be seen trading above the supply levels facing the overhead resistance.
The bulls’ sustained pressure to the $151.55 high mark in the past few days has enhanced the Yen price to remain in a bullish trend in recent times.
The market action of USDJPY remains in a bullish trend at the $151.54 supply level which is above the EMA-50 as at the time of writing this article. This suggests that the bulls are getting stronger as the market remains in a bullish trend at the moment.
The stochastic oscillator signal pointing up suggests a further increase in the price of USDJPY and this may reach the $152.00 supply level in the coming days in the long-term perspective.
USDJPY Medium-term Trend: Bullish (4H Chart)
On the medium-term view, the USDJPY price also remains in a bullish trend and this may soon get to the overhead resistance. 
The high bullish impact on the pair at the $151.41 high level in the previous action has contributed to its bullishness in its recent price level.
Today’s 4-hourly bullish candle at $151.50 above the moving averages confirms the bulls’ dominance in the USDJPY market. This breakup may accelerate the bullish momentum and extend the ongoing correction to a higher level.
Notably, the signal of the stochastic oscillator signal pointing upwards suggests that the upward momentum may likely continue, in light of this, the USDJPY price may rise further to a$152.00 upper resistance value in the nearby days in the medium-term.
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