USDJPY Potential for bullish continuation towards previous swing high. Type: Bullish Bounce. Preference: Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for price to rise from this pivot which is the overlap support towards the resistance which is the previous swing high. It’s worth noting that there is an intermediate resistance here where price might struggle to break through.