USD/JPY Daily Chart Analysis - Key Fibonacci Levels & Bearish Br

This analysis of the USD/JPY daily chart focuses on recent price action and Fibonacci retracement levels. The pair shows a clear bearish breakdown from the ascending channel, with the price currently testing the key 150.965 level. Support zones near 148.000 are critical, while resistance around 166.148 could act as a long-term target if bullish momentum resumes. The chart includes key Fibonacci levels and trendlines to watch for further price movement.