On the H4 timeframe for USD/JPY, the price has shown a clear bullish trend since the mid-May consolidation phase. Recent candles exhibit higher closes and higher lows, with key support at 158.80-158.90 and resistance forming near 159.50. The last few candles have seen strong momentum as price consolidates near the upper end of this range, with elevated volume (e.g., 159.259 close had 9306 volume) indicating strong buyer participation. The current setup suggests a potential breakout pattern, where price is testing resistance levels with increasing volume, signaling strength to sustain a move upward. The bullish bias is reinforced by the close…

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