USD/JPY - 1H Analysis & Key Levels
📉 USD/JPY - 1H Analysis & Key Levels
🔴 H1 Supply Zone (SBR): 153.791 - 153.993
🟢 Daily Demand Zone: 148.715 - 149.603
📊 Possible Scenarios:
1️⃣ Bearish Rejection: Price is testing the H1 SBR zone. If it rejects, a move towards Fibonacci retracement levels (152.983 - 152.805) or deeper (153.142) is possible.
2️⃣ Break & Retest: If price breaks above 153.993, bulls may target new highs.
💡 Trading Plan:
✅ Watch for rejection at 153.791 - 153.993 for potential short entries.
✅ Monitor 152.805 - 153.142 as possible retracement buy zones.
✅ A confirmed break below 152.500 could signal further downside towards 149.603.
#FXFOREVER #USDJPY #ForexTrading #SmartMoney #PriceAction #JPY
🔴 H1 Supply Zone (SBR): 153.791 - 153.993
🟢 Daily Demand Zone: 148.715 - 149.603
📊 Possible Scenarios:
1️⃣ Bearish Rejection: Price is testing the H1 SBR zone. If it rejects, a move towards Fibonacci retracement levels (152.983 - 152.805) or deeper (153.142) is possible.
2️⃣ Break & Retest: If price breaks above 153.993, bulls may target new highs.
💡 Trading Plan:
✅ Watch for rejection at 153.791 - 153.993 for potential short entries.
✅ Monitor 152.805 - 153.142 as possible retracement buy zones.
✅ A confirmed break below 152.500 could signal further downside towards 149.603.
#FXFOREVER #USDJPY #ForexTrading #SmartMoney #PriceAction #JPY
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fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.