Signal USDJPY Buy — M15 - July 16, 2026 09:15 GMT-4
On the USDJPY M15 chart the market has transitioned from a tight 161.9‑162.0 range into a clear higher‑low, higher‑high structure. The last eight candles show consecutive closes above their opens, with the most recent bar closing near the top of the 162.30‑162.35 band. Volume spikes accompany the upward moves, especially during the 162.27‑162.34 push, indicating genuine buying pressure rather than a fleeting spike. Key technical levels are emerging: a support zone around 162.00‑162.05, formed by the low of the earlier consolidation, and a short‑term resistance near 162.35‑162.38, where the price has repeatedly tested and held. The BUY signal aligns with…