USD/JPY: Fading Resistance & Shifting Fundamentals Point to Short Opportunity

Current Market Context & Technical Observations

Good day, traders. Let's turn our attention to USD/JPY, a pair I follow closely. The market currently sits at 149.26, reflecting a slight negative shift over the last 24 hours with a -0.16% change. Looking at the daily range, we've seen prices oscillate between 148.91 and 149.62. The prevailing trend, as the data indicates