Signal USDJPY Sell — M5 - June 11, 2026 06:05 GMT-4
On the USDJPY M5 chart the market has been trading in a narrow 160.34‑160.52 range since the start of the session. The last three candles show a modest bullish push, but each bar closed lower than its high and the accompanying volume has tapered from the 400‑plus spikes seen earlier to sub‑150 levels, suggesting waning buying pressure. At the same time, the price is testing a short‑term resistance around 160.53, which coincides with the upper boundary of the recent range. A break above this level would need solid volume, which is absent, while a reversal back into the 160.34‑160.38 zone…