Signal USDJPY Buy — H4 - June 9, 2026 21:05 GMT-4
On the H4 chart, USDJPY has been carving a higher‑high, higher‑low structure since the early‑May swing. The series of candles from the 160.18‑160.45 range have closed progressively above their opens, confirming bullish momentum. Volume peaked on the 160.40 breakout bar (≈16k contracts) and then tapered, indicating a transition from aggressive buying to a steadier accumulation phase. The most recent 4‑hour bar retested the 160.28 support, holding above the 159.5‑level that acted as a strong previous trough. This confluence of rising price, a well‑defined support zone, and diminishing but still positive volume creates a favourable risk‑to‑reward set‑up for a long entry…