USDJPY on the H4 chart has been in a clear uptrend since mid‑March, moving from 157.6 to a recent peak around 159.7 before retracing to 158.6. The latest 4‑hour candle closed near 158.6, with a tight range (high 158.69, low 158.56) and notably low volume (~1,000), suggesting a consolidation after a strong rally. The preceding candle showed higher volume (~27,000) during the 159.7 peak, confirming the bullish momentum that built the higher highs. The price sits just above a key support area near 157.7, which has held in the last 10 candles, and the current swing low around 158.5 represents…

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