USD/JPY – 2H – SELL

The USD/JPY 2H chart has fired a dense cluster of bearish signals, including a Trendline Retreat Down, BOP Zero Cross Down, MACD Zero Cross Down, STOCHF KD Cross Down, BBANDS LOWER Retreat Up, EMA Retreat Down, HT TRENDLINE Retreat Down, and KAMA Retreat Down, among others. This confluence of momentum, trend, and volatility indicators points to a strong and coherent bearish push. The alignment across timeframes is notably consistent: all timeframes from 15m up to 1D are bearish, with the 8H and 12H showing very strong trend scores (4/5). This multi-timeframe agreement reinforces the validity of the sell signal and suggests that the current downtrend is well established.

Key levels to watch are the nearest resistance at 157.870 and the nearest support at 155.224. A break below support would confirm continued downside, while a reclaim of resistance would invalidate the bearish setup. Given the very strong signal strength and the broad bearish alignment, the path of least resistance is to the downside. However, traders should remain vigilant for any signs of momentum exhaustion or a reversal, especially if price approaches the support level and shows reversal patterns.