Solid bullish structure - Accumulation and continued increaseUSD/JPYOANDA:USDJPYFM-ForexMastermindUSD/JPY news: • The Japanese Yen remains under pressure against the US Dollar as expectations for further Federal Reserve tightening continue to rise. • Stronger-than-expected US CPI data has reinforced concerns that the Fed could deliver at least one more rate hike this year. Technical Analysis: • The market continues to print higher highs, signaling that the bullish momentum remains intact. • Price is currently moving in a consolidation phase and may continue extending toward the 159.00 area. • In addition, the EMA 34 has crossed above the EMA 89 and EMA 200, suggesting that the short-term bullish trend is still supported. ☄️ Support zone: 157.26 ☄️ Resistance zone: 159.00 Wishing you a successful trading day