USD/JPY Past 157.130 as Pressure Builds

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Desk Interpretation USD/JPY is trading near 157.502 with a directional but not yet free of two-way risk profile; the market is asking whether the latest move has enough acceptance to become continuation. Price is trading below the daily pivot at 158.490, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 157.130 / 157.200, while the resistance band is 158.961 / 159.237 / 159.491. Daily R1 at 159.781 and S1 at 156.101 define the first tactical range. Internal models have flipped from Sell to Strong Sell for USD/JPY. The shift puts downside continuation in focus, with price near 157.615, the one-day change at -0.27%,...