USDJPY is testing a critical horizontal support near the 50% Fibonacci retracement, a level that previously acted as a strong demand zone, triggering sharp reversals toward resistance. With price once again approaching this key area, probabilities favor a reaction, especially if buyers step in with conviction. A bullish rejection here could initiate a recovery, mirroring past price action, while a sustained breakdown would shift momentum in favor of further downside. Confirmation through bullish candlestick formations, volume expansion, and momentum indicators like RSI divergence will be key in determining whether this level holds or fails.