USD/JPY 4H Chart Analysis (Apr 02, 2026)US Dollar / Japanese YenCAPITALCOM:USDJPYJunmadayagUSD/JPY 4H Chart Analysis (Apr 02, 2026) Quick Snapshot •Price hovering around 159.30 after pulling back from 160+ highs •Overall trend: Strong uptrend since February lows •Moving Averages: 50EMA (orange) stays above 200EMA (red), price trading above both → bullish bias •RSI: ~52 (neutral zone – plenty of room to move up or down) Key Support & Resistance •Major Resistance: 160.000 (Daily level) •Immediate Support: 158.018 – 159.141 (confluence zone) •Deeper Support: 152.000 (major Daily) Bullish Scenario If price holds above 159 and breaks cleanly above 160, expect continuation toward 162+. RSI can rise comfortably without being overbought. Bearish Scenario Loss of the 158–159 zone could trigger a deeper pullback toward the 50EMA or even 152 support, with RSI dropping below 50 signaling weakness. Bottom Line The uptrend remains intact as long as price stays above 159. The next big move likely depends on the 160 breakout or 158 breakdown. What’s your take — are you leaning bullish or bearish on USD/JPY right now? Drop your thoughts below! #USDJPY #Forex #TechnicalAnalysis #SRLines #RSI #TradingView