usdjpy h4 analysis

USDJPY H4 Analysis

Price is respecting a descending channel and currently testing key resistance around 1593–1595. Rejection from this zone suggests bearish pressure remains intact.

As long as price stays below the trendline, expect a downside move toward 1580 and potentially 1570. A clean breakout above 1595 would invalidate the bearish setup and open room for higher levels.

Bias: Bearish below resistance

Key Levels: 1595 resistance | 1580–1570 support