FX.co ★ USDJPY, H4| Falling to 1st support?r?

The USD/JPY is currently showing a bearish trend. In the near term, the price could potentially continue to fall towards the first support level at 137.75, known as an overlap support. There's also a second support level at 136.25. Conversely, resistance levels are set at 139.40, which aligns with the 50% Fibonacci retracement level, and at 140.86, a swing high resistance. The Relative Strength Index (RSI) shows a bearish divergence, indicating a potential rapid price drop soon.