Signal USDJPY Buy — H1 - July 16, 2026 11:10 GMT-4
On the H1 chart of USDJPY the recent session shows a clear bullish swing after a short‑term consolidation around 162.10‑162.20. The last eight hourly bars have closed above the prior swing low of 162.09, with the most recent bar closing at 162.295, confirming upward momentum. Volume has risen steadily, peaking at 9,697 during the 162.0‑162.2 range, indicating strong participation behind the move and adding credibility to the breakout. The price is now testing the former resistance at the 162.30‑162.35 level, which aligns with the prior high of 162.371. A break above this zone, supported by the rising volume, suggests a…