USD/JPY Н4 Currently, the pair is retesting the resistance level at 159.22 and the moving average, which is below the quotes, is acting as support. It would be quite normal if the price retreats from this resistance towards the south, aiming to reach the moving support and the support level at 157.65. They may overcome this support, but if they establish below it, the north direction may be forgotten for a while, and the south trend will continue, of course. However, if they break above the resistance now, there is no need to rush to conclude about the continuation of the uptrend. First, there should be a consolidation above, and only then the uptrend may continue. Wishing everyone a good evening.
