Post #4396

🇺🇸🇯🇵USDJPY BEARISH SCENARIO IN PLAY! 🔻 TECHNICAL OUTLOOK USD/JPY has broken decisively below the ascending H4 channel, signaling a clear shift in market structure. Price failed to reclaim the 156.20–156.50 zone, turning it into fresh resistance. As long as the pair remains below this area, bearish continuation is favored toward the 150.00 demand zone. The clean break in momentum, lower highs forming, and channel violation collectively support the downside scenario. 🔻 FUNDAMENTAL OVERVIEW The dollar faces pressure from softer U.S. economic data and growing expectations of a more cautious Federal Reserve. Meanwhile, the Japanese yen is receiving moderate support from ongoing BoJ commentary regarding potential policy normalization. This combination narrows yield differentials and adds weight to the bearish outlook on USD/JPY. 🔻 MARKET BIAS Bias remains bearish as long as price stays below 156.50, with sellers targeting deeper corrective levels. Only a strong macro shift in favor of the U.S. dollar would invalidate this structure. #forex#usdjpy