On USD/JPY M15, the recent price action reveals a bullish breakout from a consolidation phase. The prior range (161.50–161.75) has been tested multiple times, with the latest candle closing at 161.558 after a sharp decline. However, the signal entry at 161.684 coincides with a critical level where the price has retested and found support, indicating potential reversal. The volume spike in the consolidation phase (notably 1079 in the candle ending 1782136800) suggests strong participation, validating the strength of the move. The close above 161.684 signals a shift in momentum, with the current close near the upper end of the range.…

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