USDJPY: Breaking Out With Macro BackingUSD/JPYOANDA:USDJPYwajahatarif 🟢 USDJPY | Breakout Opportunity Above Resistance Timeframe: 1H Bias: Bullish Type: Break and Retest 📊 Technical Setup USDJPY is currently consolidating at a key 4H resistance zone (147.75–147.90). A clean breakout and retest of this area will confirm bullish continuation. •Entry: Above 147.90 (after confirmed candle close + retest) •SL: Below 147.30 •TP: 148.90 / 149.60 •RR: ~1:2.5 •Indicators: RSI showing strong upside momentum, holding above 50 🧠Fundamentals + Macro Confluence •USD Strength: Strong macro & delayed rate cuts support USD upside •JPY Weakness: BOJ remains dovish; risk-on sentiment weighing on JPY •COT + Conditional Score: USD score increased to 17, JPY dropped to 8 •Risk Sentiment: VIX at 14.2 = RISK ON → bearish JPY bias 🧠Gameplan “Wait for confirmation above resistance before entering” 🔔 Set alerts around 147.90 and monitor lower timeframes for retest and bullish candle structure.