USDJPY Weekly – SWEEP or BULL Breakout?US DOLLAR VS JAPANESE YENTRADENATIONSB:USDJPYKwaggaRobertseUSD/JPY just hit a fresh 40-year low for the yen and is now sitting right at a major price zone (161.2–162.0) that's acted as resistance before. Two things could happen from here: Scenario 1: Fake-out (Liquidity Sweep) 📉 ==================================== Japan's government has been repeatedly warning it's ready to step in and support the yen. If they actually act — not just talk — this rally could get rejected hard right around these highs, and price could fall back down. Scenario 2: Real Breakout 📈 ========================= Even though Japan raised interest rates in June, US interest rates are still way higher than Japan's. That gap is a big reason money keeps flowing into the dollar and out of the yen. If that gap stays wide, this breakout could keep running. ⚖️What tips the scales: ==================== The Fed's next meeting is July 28-29. If the Fed sounds like it's leaning toward cutting rates, that gap shrinks — favouring Scenario 1 (reversal). If the Fed holds firm, the gap stays wide — favouring Scenario 2 (continuation). How to know which one is playing out: ================================= 🔴 Watch for actual Japanese intervention (not just statements) → sweep 🟢 Watch for price closing the week clearly above 162 → breakout 🎯Levels to know: ================ Resistance zone: 161.2 – 162.0 Support below: 155.0 Not financial advice — just breaking down the setup. DYOR. 🙏 Kwagga.