The USD/JPY pair has shown a strong bullish trend on the D1 timeframe over the last two months, with consecutive higher closes and increasing volume confirming the momentum. Recent candles closed above key prior highs, including a close at 161.918, which aligns with the entry level of 161.972. The price action has been consolidating near recent highs, with the latest candle's high at 161.924 acting as a critical resistance test. Volume remains elevated, indicating strong institutional buying pressure. The breakdown below the 160.196 SL suggests a potential reversal from a prior bearish phase, while the TP at 166.753 reflects the…

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