USDJPY Price Update – Clean & Clear Explanation

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USDJPY Price Update – Clean & Clear ExplanationUS Dollar vs Japanese YenICMARKETS:USDJPYPintu_sahu01USD/JPY has shown a strong bearish reaction after testing a major resistance zone around 160.45–160.60. Price failed to secure a bullish breakout and was rejected from the highlighted supply area, signaling that sellers remain active at higher levels. The recent rejection suggests weakening bullish momentum, with price now rotating lower toward nearby support zones. As long as the market remains below the key resistance level, the downside scenario remains favored. A sustained move lower could target TP1 at 160.00, followed by TP2 at 159.80, while an extended bearish continuation may reach TP3 near 159.61. Market participants should monitor price action closely around support levels, as increased selling pressure and liquidity grabs could accelerate the decline. The overall structure currently favors sellers unless buyers reclaim and hold above the resistance zone. Ps; Support with like and comments for better analysis Thanks for Supporting.