USDJPY 1H – Bearish Pressure at Trendline ResistanceUS Dollar/Japanese YenFX:USDJPYPEAKALPHAFXMARKETSUSDJPY Structure | Trend | Key Reaction Zones Price is respecting the descending trendline from 148.77 high. Support sits around 147.00–146.70 while upside is capped near 148.40–148.70. Market Overview USDJPY is showing rejection from trendline resistance. If buyers can defend 147.00 demand, a bounce is possible, but overall bias favors sellers unless 148.40 breaks cleanly. Key Scenarios ✅ Bullish Case 🚀 (only if price reclaims 148.40) Target 1: 148.70 Target 2: 149.10 Target 3: 149.50 Stop Loss: 147.00 ❌ Bearish Case 📉 (dominant bias) Target 1: 147.00 Target 2: 146.70 Target 3: 146.20 Stop Loss: 148.40 Current Levels to Watch Resistance 🔴: 148.40 – 148.70 Support 🟢: 147.00 – 146.70 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.