SELL USDJPY – 153.448

Technical analysis on the 4‑hour and higher timeframes reveals a clear bearish structure: a fair‑value gap centered around 153.45 acts as a midline resistance, while an equal high‑low sweep confirms a supply zone. The entry at 153.448 sits at the top of this zone, with a tight structure‑based stop at 153.598. Volume is unusually high, indicating aggressive selling, and the OBV indicator shows a divergence that flags weakening buying pressure. On the fundamental side, recent CPI data has softened the US dollar, the DXY is stabilising, and the yen has rallied on expectations of tighter policy after the BoJ’s recent meeting and the political boost from the Takaichi election victory. Together, these factors create a confluence that supports a short position with multiple profit targets at 153.343, 153.253 and 153.073.