USDJPYUS Dollar vs. Japanese YenFX:USDJPYNathan_BrookUSD/JPY experienced a sharp rejection from the 163.00–164.00 area, followed by a strong decline that broke below the ascending trendline and the key 160.00 support zone. Price is currently recovering from the recent sell-off and appears to be completing a pullback toward the broken support area, which could now act as resistance. We expect selling pressure around the 159.60–160.70 resistance zone. If price is rejected from this area, the bearish structure would remain intact, increasing the probability of another move lower. A rejection from the 160.00–160.70 zone could trigger the next bearish leg, with 157.00 as the first downside level, followed by 155.20–155.00. If downside momentum accelerates, the next major target could extend toward 152.40. The key level to watch remains 160.00–160.70. A decisive daily close above this zone would weaken the bearish setup and could open the way for a deeper recovery toward the 162.00–163.00 resistance area. If you found this analysis valuable, don’t forget to drop a like and share your thoughts in the comments. Your feedback is always appreciated!