USDJPY Reaches Major Resistance – Reversal Incoming?USD/JPYOANDA:USDJPYSmart_money_FxUSDJPY is approaching a significant weekly resistance zone around 160.00–162.00, an area that has historically attracted strong selling pressure. Price has maintained a bullish structure, but the market is now testing a key supply region where liquidity rests above recent highs. A rejection from this resistance could trigger a deeper correction toward lower support levels, targeting the strong low around the 140.00 area. Traders should watch for bearish confirmation before considering short positions. 🔹 Bias: Bearish at Resistance 🔹 Key Resistance: 160.00 – 162.00 🔹 Target: 145.00 → 140.00 🔹 Confirmation: Rejection and bearish market structure shift Patience pays—let the market confirm the move before entering.