USD/JPY Technical Analysis โ April 4, 2025 ๐
๐น Current Price: 145.998
๐น Timeframe: 15M
๐ Key Supply Zones (Resistance Levels):
๐ด 146.667 โ 146.774 โ Potential reversal zone
๐ด 147.330 โ 147.479 โ Strong resistance
๐ Key Demand Zones (Support Levels):
โซ 145.412 โ Intermediate support
๐ข 144.274 โ Major Demand Zone (Potential Reversal Area)
๐ Bullish Scenario:
If the price breaks above 146.774, it may continue towards 147.330 โ 147.479 before showing signs of reversal.
๐ Bearish Scenario:
A rejection from 146.667 โ 146.774 could lead to a drop towards 145.412 and potentially to 144.274 demand zone.
โก Trading Tip:
โ Look for price reaction at 146.667 โ 146.774 for possible shorts.
โ If price reaches 144.274, watch for bullish confirmations.
โ Use stop-loss and risk management strategies.
#FXFOREVER #USDJPY #ForexTrading #TechnicalAnalysis #SmartMoney #PriceAction #Trading
๐น Current Price: 145.998
๐น Timeframe: 15M
๐ Key Supply Zones (Resistance Levels):
๐ด 146.667 โ 146.774 โ Potential reversal zone
๐ด 147.330 โ 147.479 โ Strong resistance
๐ Key Demand Zones (Support Levels):
โซ 145.412 โ Intermediate support
๐ข 144.274 โ Major Demand Zone (Potential Reversal Area)
๐ Bullish Scenario:
If the price breaks above 146.774, it may continue towards 147.330 โ 147.479 before showing signs of reversal.
๐ Bearish Scenario:
A rejection from 146.667 โ 146.774 could lead to a drop towards 145.412 and potentially to 144.274 demand zone.
โก Trading Tip:
โ Look for price reaction at 146.667 โ 146.774 for possible shorts.
โ If price reaches 144.274, watch for bullish confirmations.
โ Use stop-loss and risk management strategies.
#FXFOREVER #USDJPY #ForexTrading #TechnicalAnalysis #SmartMoney #PriceAction #Trading
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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.