USDJPY 1-Hour Market Analysis

The USD/JPY 1-hour chart has recently shown a volatile upward trend, with the current quote at 162.245. The upper resistance to watch is the intraday high of 162.312. Support below can be seen at 162.15, with strong support at the intraday low of 161.977. In the short term, it is expected to maintain a volatile and slightly bullish trend, with a high probability of testing the upper resistance level. If it breaks through, it is likely to move higher.