USDJPY Daily Trade Setup 13/8/26USD/JPYOANDA:USDJPYTickmillUSDJPY remains structurally bullish on the weekly chart while holding above 152, but the H4 setup suggests downside risk if the current recovery stalls into resistance. Weekly outlook: Bullish above 152. Structure weakens below 146. Weekly POC near 147 H4 outlook: Price is rebounding after a sharp decline. 160/161 is the key resistance zone. If sellers defend this area, price could rotate back toward 152 Why 160/161 matters: Previous breakdown zone Retracement resistance Volume and mean-reversion resistance Possible corrective wave completion area Bearish scenario: Rejection from 160/161 opens room for a move toward 152. A break below 152 would increase downside pressure. A confirmed weekly move below 146 would shift the broader structure bearish. Key levels: Resistance: 160/161 First downside target: 152 Bearish confirmation: below 147 The broader trend is still bullish above 152, but near-term rallies into 160/161 favour a sell-side bias. The cleaner setup is to fade strength at resistance rather than chase weakness lower.