USDJPY: Is a Big Drop Coming?U.S. DOLLAR / JAPANESE YENFX_IDC:USDJPYzarixschoolUSDJPY may be getting ready for its next big move — and I'm watching two key levels. After bouncing back from its September lows, USDJPY is starting to show signs of weakness. The weekly chart suggests a top could be forming. And if buyers can't push the price higher, we may see another drop. Here's my game plan: 🔴 Below 157.87 — Watch for a Drop If USDJPY closes below 157.87 on the daily chart, that would be my signal that another move down may be starting. The levels I'm watching on the way down: • 157.27 • 156.88 • 155.56 if selling continues 🟢 Above 158.30 — Bulls Get Another Chance If USDJPY breaks above 158.30 and closes above it on the daily chart, the bullish move could continue for another 1–2 weeks. The next levels to watch would be 158.83 and potentially 160.82. What do I expect first? I'm leaning toward a pullback during the first 2–3 trading days of the coming week. But I want to see price confirm that move before calling it a reversal. My outlook is simple: Below 157.87 = Bears gain control. Above 158.30 = Bulls still have a shot. Everything in between? I'm watching and waiting. What do you think — is USDJPY forming a top, or getting ready for one more rally? Drop your thoughts below. 👇