USDJPY Overview

Looking at the USD/JPY chart, we’re currently sitting around a key resistance level marked by a high timeframe Order Block (OB). Price has already tapped into this zone, and from what I can see, this could signal a potential pullback. This area has acted as strong resistance before, and I think we might see a loss of momentum here, leading to a drop. My outlook is that if price respects this OB and fails to break higher, we could start seeing a move down towards the 147.000 region, which is the next significant support. If this scenario plays out, we might have a good opportunity to look for shorts on the way down.