USD/JPY — Consolidation before the next breakout?

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USD/JPY — Consolidation before the next breakout?US Dollar vs. Japanese YenFX:USDJPYTheZimpact 🏆USD/JPY continues to trade within a broad consolidation range after rejecting the upper resistance zone. Despite several pullbacks, buyers have repeatedly defended the major support area, keeping the overall structure intact while the market waits for a decisive breakout. 📈 Bullish scenario A confirmed breakout above the upper supply zone would strengthen bullish momentum and could trigger the next impulsive leg higher. 📉 Bearish scenario If the main support zone fails to hold, sellers may regain control and drive the pair toward lower demand levels. Until either boundary is broken, range trading remains the dominant market structure. With price still trapped between key support and resistance, waiting for confirmation rather than anticipating the breakout may provide higher-probability opportunities.