USDJPY Tests Fresh HighsUSD/JPYOANDA:USDJPYYong726Market View USDJPY remains in a clear bullish structure on the 4H chart. After the sharp decline in early May, the pair recovered strongly and continued to form higher highs and higher lows. The latest advance has pushed price back toward the 163.00 area, confirming that buyers still control the broader short-term trend. However, price is now approaching an important resistance region after an extended rally. The next move will depend on whether buyers can hold above the recent breakout area or whether sellers begin to defend the highs more aggressively. Key Resistance Zone First resistance: 163.10–163.40 This is the nearest resistance area and the current breakout zone. A confirmed move above this region would indicate that bullish momentum remains strong. Second resistance: 163.80–164.20 This is the next psychological and structural resistance area. A sustained move above 164.20 would strengthen the continuation outlook and open the way toward higher levels. Major resistance: 164.80–165.20 This is the broader resistance zone above the current range. A break above this area would confirm another major extension of the bullish trend. Key Support Zone First support: 162.40–162.70 This is the nearest short-term support and the first area buyers need to defend. Holding above this zone would keep the current breakout structure intact. Second support: 161.80–162.10 This area has produced several recent buying reactions and remains an important structural support. A break below it would weaken short-term bullish momentum. Major support: 161.00–161.30 This is the deeper higher-low region within the current uptrend. Losing this area would place the broader bullish structure under greater pressure. Market Sentiment Market sentiment remains bullish, but slightly cautious near the highs. Buyers continue to control the broader structure, while the steady sequence of higher lows supports further upside. However, the extended rally increases the chance of short-term profit-taking around resistance. Above 163.40, bullish momentum may strengthen. Below 162.40, corrective pressure may increase. Please share your view below: Will USDJPY break above 163.40 and continue toward 164.20? Or will sellers defend the highs and push the pair back toward 162.00? More market structure and key level updates will be shared regularly.