USD/JPY Bearish Rejection From ResistanceUS Dollar vs. Japanese YenFX:USDJPYBIGBULL-RUNUSD/JPY is showing signs of weakness after rejecting the **160.50 resistance zone** and breaking below the rising channel structure. The recent pullback suggests that bullish momentum is fading, increasing the likelihood of a move toward the key support area around **159.77**. If sellers maintain control, price could continue lower to retest this demand zone before any significant recovery attempt. **Target:** 🎯 **159.77** **Bias:** Bearish 📉 **Timeframe:** 1H (1 Hour) **Pair:** USD/JPY **Short Description:** USD/JPY faced rejection at a major resistance zone and is now trading lower within a bearish correction. The next downside target is **159.77**, where buyers may look to re-enter the market.