USDJPY: CCI divergence and pullback from supply zone

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USDJPY forms a bearish divergence on the CCI indicator (4H chart), signaling a potential loss of momentum. The pair is testing the supply zone 153.70–154.50, where large players previously took profits.
A confirmed reversal could lead to a decline toward 152.00 → 149.70 → 146.65, aligning with Smart Money structure and liquidity zones.
Fundamentally, the yen may strengthen amid possible Bank of Japan interventions and stabilizing U.S. bond yields.
The USD remains fundamentally strong due to rate differentials but is short-term overbought.
Bearish CCI divergence and approach to a key supply zone suggest a potential correction lower.

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