On the USDJPY M15 chart the market has been consolidating between 161.45 and 161.74 after a pronounced swing from 161.19 to 161.90 earlier in the week. The most recent candles show a higher‑close formation, with the last three bars closing above the 161.55 level and the volume rising from sub‑100 to over 1,200 contracts, indicating increasing buying interest. A clear bullish bias is established as price respects the 161.50‑161.55 support zone and pushes toward the prior swing high around 161.74, which now acts as a dynamic resistance. The breakout above the 161.60‑161.65 range is supported by the volume surge, suggesting…

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