USDJPY 1-hour market analysis

In the 1-hour cycle, USD/JPY previously trended upward with fluctuations, and recently switched to range-bound trading after reaching a high. The resistance level is at today's high of 163.931, with a strong resistance at the previous high of 163.983. The support level is at today's low of 163.648, and further support is at 163.50. In the short term, the pair is expected to maintain range-bound trading at high levels. Breaking above resistance may lead to further gains, while breaking below support could result in a pullback.