USDJPY H1: Near 160 — Will Buyers Still Push Higher?USD/JPYOANDA:USDJPYDomicChainaUSDJPY on the H1 timeframe continues holding a short-term bullish structure after breaking out above the 158.90–159.00 consolidation zone. Price is currently trading around 159.20 and remains above both EMAs, showing that buyers still maintain short-term control. What stands out to me is that the latest rally managed to push price toward the 159.35–159.40 area but failed to extend much further. This suggests the market is becoming more cautious as USDJPY approaches the highly sensitive psychological 160.00 level — a zone strongly associated with possible Japanese intervention risk. From the macro side, the Japanese yen remains under pressure as the US dollar continues acting as a safe-haven asset amid ongoing geopolitical uncertainty. However, on the other side, the BOJ has started sounding more hawkish as inflation risks in Japan may persist longer due to energy-related price pressures. This makes USDJPY less attractive for aggressive breakout buying near elevated levels. With the current structure, I still lean bullish in the short term, but I do not want to chase longs too close to 160.00. A better approach for me is waiting for a support retest, observing price reaction carefully, and only then evaluating whether buyers still have enough strength to push USDJPY toward higher liquidity zones.