USD/JPY – 1H – BUY

The USD/JPY 1H chart has fired a dense cluster of bullish signals including Trendline Retreat Up, Double Top Retreat Up, and multiple momentum oscillators (APO, BOP, MOM, ROC) crossing above zero, alongside EMA 200 Retreat Up. This confluence suggests strong buying pressure at a key support zone, likely reversing the short-term bearish drift. The retreat from a double top pattern and trendline break indicate sellers failed to sustain the downside, with buyers stepping in decisively. However, the higher timeframes (4H to daily) remain bullish but choppy, so this move may be a correction within a larger uptrend rather than a new impulsive leg. Key resistance lies at 163.947, while support at 163.325 must hold to keep the bullish bias intact.