The USD/JPY currency pair is exhibiting a bearish trend, which initiated on July 3, 2024, and is poised to continue its downward journey toward the 136.50 level. Currently, price patterns observed since the March 28, 2025, high indicate a zigzag formation as per Elliott Wave analysis. This trend underscores the need for traders to prepare for potential volatility in this pair. Understanding these moving patterns can assist in defining effective trading strategies going forward.