USD/JPY - BOJ Hawkish Minutes Boost Yen

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USD/JPY - BOJ Hawkish Minutes Boost YenUS Dollar vs. Japanese YenFX:USDJPYKABHI_TA_TRADINGUSD/JPY – H1 – Rising Channel Resistance & Potential Bearish Reversal Pattern USD/JPY remains in a strong medium-term uptrend but is currently approaching a critical resistance cluster near the 161.80–162.00 region. Price is trading inside a rising structure while approaching an area historically associated with potential Japanese government intervention. The recent Bank of Japan minutes revealed that several policymakers support additional rate hikes, which could strengthen the JPY and limit further upside. A rejection from current levels may trigger a deeper correction toward lower support zones, while a clean breakout above resistance could extend the bullish trend. πŸ”΄ 1st Support : 160.936 πŸ”΄ 2nd Support : 160.568 🟒 Resistance Zone : 161.793 – 161.932 πŸ’‘ MACRO Key Points & Live Headlines βœ… BOJ minutes showed several members favour further rate hikes. βœ… Japanese policymakers remain increasingly concerned about persistent inflation. βœ… USD remains supported by expectations of additional Federal Reserve tightening. ⚠️ Disclaimer : This analysis is for educational purposes only Support the idea πŸš€Boost | πŸ’¬ Comment | πŸ” Share | πŸ”ΈπŸ”Έ Charts Don’t Lie, Traders Don’t Quit πŸ”ΈπŸ”Έ