USD/JPY : Cup & Handle Pattern (17.03.2026)US Dollar/Japanese YenFX:USDJPYKABHI_TA_TRADINGDescription : Setup Overview USDJPY ✅ USDJPY recently formed a Cup and Handle pattern, typically known as a bullish continuation structure. However, instead of breaking higher, price failed to sustain above the resistance zone, indicating weakening bullish momentum. ✅ The market faced strong rejection from the 159.70 – 159.80 resistance zone, where sellers stepped in and prevented further upside continuation. ✅ In addition, a cloud cross and increasing selling pressure suggest that short-term sentiment may be shifting toward the downside. The handle portion of the pattern failed to hold, which often leads to a pullback toward lower liquidity zones. ✅ If the bearish momentum continues, USDJPY may move toward the next major support areas where buyers could re-enter the market. 🧱Support Zones : 158.05 → First support level / near-term demand zone 157.68 → Second support level / stronger structural support 🧱Resistance Zone : 159.60 – 159.80 → Major resistance area and supply zone As long as price remains below the resistance zone, sellers may maintain control and gradually push the market toward lower support levels. ⚠️Disclaimer : This analysis is shared for educational and informational purposes only. It does not constitute financial advice. Always manage your risk properly and conduct your own analysis before making trading decisions. #USDJPY #ForexTrading #PriceAction #TechnicalAnalysis #TradingView #SupportAndResistance #ForexAnalysis #JPYpairs 👍 If you found this analysis useful, support the idea with a Like and share your thoughts in the comments. Charts Don’t Lie — Traders Don’t Quit. 📉