USD/JPY Hits Resistance: 158.66 on Radar for Decline
The US Dollar/Japanese Yen (USD/JPY) currency pair has been interacting with its 0.5 Resistance Arc on the 4-hour chart, causing bullish momentum to fade near this boundary.
According to Arc Cycle Analysis, the upper Arc is capping upside expansion for USD/JPY, indicating that the resistance remains intact.
If the Resistance Arc continues to hold firm, a decline toward 158.66 (0.618 Arc) becomes the primary scenario.