JPY Index Reversal – FVG Tap and Potential Upside Move?

The JPY Index has tapped into a high-probability Fair Value Gap (FVG) after taking out sell-side liquidity. This price action suggests a strong move to the upside may be on the horizon, with price moving from Internal Range Liquidity (IRL) to External Range Liquidity (ERL). With the FVG acting as a key reversal zone, targets are set at 747.5, 771.1, and the higher buy-side liquidity at 788.3.

DYOR
bullishpatternFundamental AnalysisictjpyjpyindexlongsetupTrend Analysis

Disclaimer