USDJPY – 1D | Bulls Defend the Base Ahead of FOMCUS DOLLAR VS JAPANESE YENTRADENATIONSB:USDJPYKwaggaRobertseBULLISH BIAS // Current Price: ~163.762 📍 Key Levels * Demand: 162,700–163,900 * Target: 165.300 * Invalidation (SSL): 160.490 🔍 Analysis * Retesting demand after impulsive move to 40yr highs * Bias stays bullish while demand holds * Daily close below demand flips view toward SSL 🧭 Fundamentals * FOMC decision Wed July 29 — hold favoured, hike odds elevated for September. * BOJ hiked to 1.00%, yen still structurally weak * Intervention risk rising at these stretched levels (I'm not holding my breath for BOJ) Not financial advice — educational purposes only. KWAGGA.