On the USDJPY M15 chart the market has been carving a tight bullish channel since the 19‑June session. Recent candles have produced higher highs around 161.595 and higher lows near 161.55, establishing a clear upward bias. The 161.55‑161.57 zone now acts as a strong support line, while the 161.60‑161.62 area offers the next resistance. Volume spikes earlier in the window (e.g., the 2329‑tick candle on 23‑June) signaled aggressive buying, and the subsequent moderate volumes of 500‑800 contracts have been sufficient to sustain the move without excessive volatility, confirming the strength of the trend. Provided price holds above the 161.55 support,…

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