On the H4 chart for USD/JPY, the recent price action reveals a clear bullish trend characterized by higher highs and higher lows. The last several candles have shown consistent upward momentum, with closes near 160.257 forming a key pivot point above prior support levels. The recent high of 160.527 acts as a critical resistance, and the price has been consolidating near this level, suggesting potential for a breakout. Volume has remained elevated during the uptrend, with the latest candles displaying increased participation, indicating strong institutional buying. The current setup favors a continuation of the bullish bias, as the price remains…

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