USDJPY on the four hour chart has completed a clear head and shoulders structure signaling a potential bearish reversal as price broke below the rising trendline with momentum while failing to reclaim the neckline level overall market sentiment is pressured by a softer dollar outlook amid cautious risk tone and expectations of stable monetary policy from the Bank of Japan combined with weaker US economic projections this technical breakdown aligns with the broader shift toward safe haven flows suggesting further downside continuation in the near term.