On the H4 timeframe for USD/JPY, the recent candles display a clear bullish trend with higher highs and higher lows forming since the 2026-05-22 session. The close at 160.263 near the previous high of 160.289 suggests strong momentum, reinforced by elevated volume (15796) in the last few candles, indicating robust buying pressure. The price has consolidated above key support at 159.532, which acted as a critical floor during the prior pullback. The current structure shows a potential continuation of the uptrend, with the recent high serving as dynamic resistance. If the price breaks above this level, it could target the…

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