DeGRAM | USDJPY reached the resistance area

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DeGRAM | USDJPY reached the resistance areaUS Dollar/Japanese YenFX:USDJPYDeGRAM📊 Technical Analysis ● USD/JPY is testing the key resistance area near 154.40, where previous reversals occurred, forming a potential double-top structure. Price shows early rejection signs, suggesting a short-term corrective phase. ● The pair may retrace toward 154.10 or deeper into 153.90 as ascending support converges with horizontal levels, confirming bearish momentum buildup. 💡 Fundamental Analysis ● Rising expectations of potential BOJ intervention and weaker U.S. Treasury yields have limited upside for the dollar, favoring near-term yen strength. ✨ Summary ● Resistance: 154.40. Support: 153.90. Rejection from the resistance zone points to a possible short-term downside correction. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!