USDJPY H1: Bearish outlook seen, further downside below 143.50
On the H1 time frame, prices are facing bearish pressure from its resistance zone at 143.50, in line with the Fibonacci confluence levels where we could see further downside to the support-turned-resistance zone at 140.80. Prices are holding below Ichimoku cloud as well supporting the bearish bias. A break below the downside confirmation level at 141.78 could provide the bearish acceleration for further downside in prices.