JPYUSD: Descending Trendline Breakout & Liquidity TestJAPANESE YEN / U.S. DOLLARFX_IDC:JPYUSDXAUApex🔹 JPYUSD has been trading within a broader descending structure, marked by a clear sequence of lower highs and lower lows beneath the falling trendline. Recent price action shows a reaction from the highlighted support zone around 0.00627–0.00628, followed by a short-term bullish push. Price is now testing the descending trendline, suggesting a potential breakout attempt. The upper highlighted area around 0.00631–0.00632 represents a visible liquidity area and nearby resistance where price could encounter selling pressure. 🔸 If JPYUSD confirms a sustained break above the descending trendline, bullish momentum could develop toward the highlighted liquidity and resistance area. Traders may wait for price confirmation and a successful retest before considering any trade scenario. On the other hand, rejection from the trendline could keep the broader bearish market structure intact, with price potentially revisiting the nearby support zone. A decisive break below support could further weaken the short-term bullish structure and shift attention toward lower levels. This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.