USDJPY close to trendline resistanceUS Dollar/Japanese YenFX:USDJPYRyan_lopesMarket Structure Initial move: Sharp bearish impulse (selloff from ~159 area) Recovery: Higher lows forming Current phase: Compression between converging trendlines Volatility: Contracting 🔵 Resistance 155.80 – 156.20 (trendline confluence) 157.00 (recent swing high) 158.00 (major structure level) 🟢 Support 153.00 – 153.20 (ascending trendline) 152.00 (strong demand zone) 150.80–151.00 (major structural support) 🔺 Bullish Breakout (If 156 breaks cleanly) Conditions: 4H candle close above 156.20 Strong body close (not just wick) Rising momentum Targets: 157.00 158.00 159.20 (previous supply area) 🔻 Bearish Breakdown (If 153 breaks) Conditions: 4H close below ascending trendline Momentum acceleration Targets: 152.00 150.80 149.50 (measured move)