USDJPY ā Bullish ScenarioUS Dollar vs. Japanese YenFX:USDJPYeryanhashemi9090USDJPY is currently trading around a key decision zone, where the ascending trendline and the descending resistance are coming together. Price has been respecting the bullish trendline and is now attempting to break above the short-term descending resistance. A confirmed breakout above the 159.50ā159.60 area could open the way for further upside. If the breakout is confirmed, my targets are: šÆ TP1: 159.50 šÆ TP2: 160.80 šÆ TP3: 162.00 The major resistance zone is around 163.20ā163.90, where I would expect a stronger reaction from sellers. As long as price holds above the 158.05ā158.50 support area and the ascending trendline remains valid, the bullish structure is still intact. However, a clear breakdown below this support zone would weaken the bullish setup and could lead to a deeper correction. For now, Iām watching for a confirmed breakout and continuation rather than chasing the move. Let's see what happens next. š