On the H4 timeframe for USD/JPY, the price has been consolidating near key resistance levels following a sustained uptrend. The recent candle closes at 160.554, with a high of 160.598, indicating a potential breakout above prior consolidation ranges. The bullish momentum is supported by higher closing prices and increased volume in the last few sessions, particularly the spike to 14,500 units on the 1781625600 candle, which validates the strength of the upward move. The current structure shows a clear bullish setup with the price testing and holding above critical support levels, such as the 160.132 mark, which acts as a…

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