USD/JPY – 1H – Channel Breakdown & BoJ Rate Hike (02.09.2026)US Dollar vs. Japanese YenFX:USDJPYKABHI_TA_TRADINGUSD/JPY – 1H – Channel Breakout Pattern / Bearish Setup USD/JPY has rejected the 160.15–160.40 resistance zone and broken below the rising channel structure. The bearish move keeps 159.00 as the first key support, while a deeper decline could expose 158.50. Fundamentals are also becoming more yen-positive as BoJ hike expectations and intervention pressure increase. 🔴 1st Support : 159.00 🔴 2nd Support : 158.50 🟢 Resistance Zone : 160.15 – 160.40 📰 Fundamentals and Live Headlines : 1. BoJ Governor Ueda signaled that a September rate hike will be debated 2. Japanese bond yields moved higher USD/JPY - D1 chart also, wedge breakout. ⚠️ Disclaimer: This analysis is for educational purposes only. Support the idea 🚀 Boost | 💬 Comment | 🔁 Share Best Regards, KABHI_TA_TRADING Thank you.