On the USDJPY M15 chart the market has been consolidating above the 162.00 level, with the last three candles showing a steady climb from 161.99 to 162.10 and volume remaining healthy (1,300‑1,400 contracts). Earlier in the session a strong bullish wave pushed the price to 162.38, establishing a clear resistance zone around 162.35‑162.40. The price now respects a support line near 162.00, while the 162.20‑162.25 range acts as a short‑term demand zone. Momentum indicators align with this upward bias, as each successive candle closed higher and the buying pressure is evident from the rising volume on the 162.05‑162.12 moves. Given…

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