5USD/JPY is showing signs of a bearish reversal 📉 after rejecting a strong resistance zone near recent highs. Price moved within an ascending channel but failed to maintain upward momentum, forming multiple rejection wicks at the top. The Ichimoku cloud suggests weakening bullish strength as price starts breaking below short-term support. Sellers are gradually taking control, indicating a possible trend shift 🔥. If the downside continues, the first target is 158.729, followed by 158.116 as the second target. Increased selling pressure may drive price further down toward the third target at 157.485 🎯, confirming a deeper correction.
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