On the H1 chart for USDJPY, the market has been consolidating around the 162.10‑162.15 zone after a gradual decline from the mid‑162.30s. Recent candles show two successive bullish closes (162.096 and 162.106) following a modestly bearish candle, suggesting a short‑term reversal. Volume has tapered off, with the last three hours averaging under 1,500 contracts, indicating weakening selling pressure and a lack of conviction behind the downtrend. Key intraday support sits near 162.09‑162.12, anchored by the low of 162.044 earlier in the session and the tight range of the last two bars. A break above the recent highs around 162.14 would…

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