USD/JPY Capped by Resistance at 0.236 Arc
The US Dollar/Japanese Yen (USD/JPY) exchange rate is currently interacting with the 0.236 Resistance Arc, according to an analysis of the 30m chart using Arc Cycle Analysis.
Bullish momentum has faded near this boundary, indicating that the upper Arc continues to cap upside expansion and limit the USD/JPY's potential for growth.
Based on this analysis, if the Resistance Arc holds firm, a decline toward the 0.382 Arc becomes the primary scenario, suggesting a bearish continuation in the market.
A sustained 30m close above 159.80 would be required to invalidate the bearish scenario and potentially open the path toward the upper Resistance Arc.