On the D1 chart USDJPY has been forming a clear uptrend since early April, with each successive daily candle closing higher and producing higher highs. The series of bullish closes from the 158.8 region to the current 161.5 level demonstrates strong momentum, while volume has remained solid, especially during the breakout from the 158‑159 range, confirming the move’s credibility. Key support now sits just below the 159.5‑159.7 zone, which held multiple times, providing a logical stop‑loss anchor. Resistance lies near the 162‑163 cluster, and a break above would open the path toward the next major psychological barrier around 166‑167. The…

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