The rapid rise from the 153 to 157 level placed the pair in a clear expansionary state, as the buying movement began to gradually lose speed. On the 4-hour chart, as the price approaches 157.50-157.80, the candles become smaller and the shadows become longer, this behavior indicates that the market is seeking balance after accelerating the uptrend.

The pivot area is located between 156.20 and 156.00, where a new bullish FVG appears overlapping the edge of the Ichimoku cloud. These areas often attract price back into these areas before establishing the next trend.

Macroeconomic factors remain favorable to the dollar: U.S. Treasury yields are at 4.1%, and the Federal Reserve has given no clear signal to cut interest rates. In contrast, the Bank of Japan continues to pursue ultra-loose policies, further weakening the yen. Safe-haven demand fell as U.S. and European stocks rose.

Based on this scenario, a correction towards 156.20-156.00 seems to be a natural step before a new attempt at the 158.00 level.

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