USDJPY: a reversal is not confirmed yet.U.S. Dollar / Japanese YenFOREXCOM:USDJPYYenSenseiThe bearish momentum has weakened, but a reversal is not confirmed yet. Key upside zone: 159.140–159.260 This area includes the SMA 200 and previous seller interest. A clean hold above 159.26 could extend the recovery toward 159.72. A rejection from 159.19–159.26 would bring 158.60, then 158.10, back into focus. Main risk ahead: Japan Inflation Rate YoY — Aug 20, 23:30 UTC. If inflation comes in stronger, it may support the yen by increasing expectations of further BoJ normalization — that would pressure USDJPY lower. If inflation is softer, the yen may lose support, giving USDJPY more room to test 159.26–159.72. I would not chase the move before the release. This material is intended for informational purposes only and does not constitute investment advice or a personalized investment recommendation. The yen. The Bank of Japan. Carry trade. One market — analyzed to its core. — YenSensei