Signal USDJPY Sell — M15 - June 10, 2026 19:44 GMT-4
On the USD/JPY M15 chart, the recent price action reveals a clear bearish reversal. The last three candles show lower closes, with the final close at 160.524 forming a key support level. Despite a brief rebound near 160.553, the price failed to sustain above this level, indicating waning bullish momentum. Volume on the entry candle (232) is notably lower than preceding spikes, suggesting diminished buying pressure and potential exhaustion of the uptrend. The current setup aligns with a sell signal as the price consolidates near critical support, with the trend favoring downward movement. The recent lows around 160.354-160.390 provide a…