POSSIBLE DOBBLE TOP AND THE TREND REVERSAL FROM HEREUSD/JPYOANDA:USDJPYMarcel_PlatonPrice is sitting at a major resistance level around 161.90, which is the same zone that caused a huge drop back in July 2024. We could see history repeat with a significant reversal from here. On the fundamental side, the Bank of Japan just raised interest rates to 1%, the highest level since 1995. When Japan raises rates, the yen tends to strengthen, which pushes USD/JPY lower. The BoJ has also signaled more hikes are coming, so the pressure on this pair should continue over time. The trade idea is simple — sell around 161.90 with a stop loss just above that level. The first target is 152, then 146, and if the move fully plays out, 140. That last target would likely take many months to reach given it's on the weekly chart. LET ME KNOW YOUR OPINION IN THE COMMENTS BELLOW