On the H1 chart USDJPY has been carving a higher‑low structure since the low of 161.603 early in the session. The price broke above the 162.0 resistance line with a strong volume surge (9.6k‑9.3k contracts) and closed near 162.14, confirming bullish pressure. Subsequent candles have held above the 162.1‑162.2 zone, producing a series of higher closes and a modest pull‑back to 162.09 on lighter volume, indicating a healthy consolidation rather than a reversal. The most recent bullish candle (162.1‑162.127‑161.965‑162.094) shows the market testing the prior high while maintaining a firm base near 162.0, which now acts as support. With momentum…

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