USDJPY: Local Breakdown Targets Major Ascending Support

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USDJPY: Local Breakdown Targets Major Ascending SupportUSD/JPYOANDA:USDJPYDeGRAMUSDJPY is showing a bearish shift on the 1H timeframe after rejecting the upper resistance boundary and breaking below the recent local rising structure. Price is now trading below the 159.80–159.90 breakdown / retest zone. As long as this area holds as resistance, the current move can continue lower. The 159.10 area is the first intermediate support, while the broader target sits near the major ascending trendline around 158.65–158.80. Resistance: 159.80–159.90, 160.20 Support: 159.10, 158.65–158.80 A sustained reclaim above the local breakdown zone would weaken the bearish scenario, while continued rejection below it keeps pressure toward the major ascending support.