USDJPY Reversal: Bearish Momentum Builds Below Key Resistance

USDJPY pair is showing signs of a bearish reversal after rejecting a key resistance zone near 151.241. The price has failed to sustain bullish momentum and has formed a potential double-top/wedge structure, indicating a shift in trend.

Key Resistance: 151.241 - 152.097 (Strong supply zone)

Bearish Confirmation: Break below 149.592 confirms downside continuation.

Key Downside Targets: 148.195, 146.990, and 145.855 as major support zones.

If sellers maintain pressure, a deeper pullback toward the 145.855 - 145.824 region could be expected. However, a break above 152.097 would invalidate the bearish setup and could push the price toward 154.090.

Trade active

Trade closed: target reached

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