On the D1 timeframe for USD/JPY, the recent price action reveals a strong bullish trend emerging from a consolidation phase. The last few candles show a consistent upward progression, with the close at 161.482 marking a pivotal level near the recent high of 161.809. The bullish momentum is reinforced by higher-than-average volume in the uptrend, particularly during the rally from 158.5 to 161.6, indicating robust buying pressure. The current price proximity to the 161.635 entry level aligns with a potential continuation of the bullish pattern, as the market appears to be testing key support at 159.531. Volume remains elevated in…

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