USD/JPY — Breakout or False Move?US Dollar vs. Japanese YenFX:USDJPYTheZimpact💴 USD/JPY has spent a long time moving sideways after the sharp recovery from the previous lows. Price is now pushing toward the upper boundary of the range, with buyers showing stronger momentum and attempting to establish a bullish breakout. 🏆 Previously: 📈 Bullish scenario The long sideways structure has given price plenty of time to build momentum. Recently, buyers have started pushing above the upper part of the range and are now holding around the breakout area. The current reaction is encouraging, especially with the small pullback being quickly absorbed by buyers. If price continues higher and breaks the next major zone, we can expect more upside. Range breakout → bullish continuation. 📉 Bearish scenario The main risk is a failed breakout. If price gets rejected from the current area and falls back into the previous sideways range, the breakout could turn into a false move. A deeper breakdown through the lower support zone would then bring the bearish scenario back into focus. Failed breakout → range recovery → deeper downside. 🎯 Outlook USD/JPY is currently at an important turning point. After spending weeks inside a large sideways structure, price is finally attempting to break out of the range. The recent reaction around the breakout area is a positive sign for the bulls. If buyers maintain control and push through the upper zone, the next bullish expansion could begin. Hold the breakout area → bullish structure remains intact. Break the resistance → further upside opens up. Fall back into the range → breakout becomes questionable. Range breakout → retest → continuation watch.