USD/JPY Tests Critical 155.00 Support as Bears Take Control

USD/JPY has declined to a new session low, currently testing the crucial 155.00 support level as selling pressure intensifies. The pair has fallen approximately 0.5% (75 pips) from the day's highs, reflecting renewed yen strength amid risk-off sentiment in global markets. Technical indicators suggest bearish momentum is building, with the pair breaking below key moving averages and previous support zones. The 155.00 level represents a significant swing area that has acted as both support and resistance in recent trading sessions. A decisive break below this threshold could accelerate losses toward 154.50 and potentially 154.00, where the next major support cluster resides. Traders are closely monitoring this technical breakdown, particularly given the Bank of Japan's recent hawkish rhetoric and the potential for intervention if yen weakness persists. The immediate resistance now sits at 155.50, with stronger barriers at 156.00.