USDJPY on the H1 timeframe has been exhibiting a classic bullish bias through the first half of the trading day, only to encounter a consolidation and a subsequent pullback that signals a potential shift in momentum. From the 02:00 to 06:00 UTC candles, the pair climbed steadily from 157.158 to a peak around 158.85, with each hour showing higher closes and modest intraday swings. This uptrend was underpinned by robust volume, peaking at 11,000+ during the 07:00–08:00 period, indicating strong participation from both retail and institutional traders. Between 07:00 and 09:00 UTC, the market entered a phase of consolidation. The…

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