USD/JPY Technical Analysis โ€“ April 4, 2025

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USD/JPY Technical Analysis โ€“ April 4, 2025 ๐Ÿ“‰

๐Ÿ”น Current Price: 145.998
๐Ÿ”น Timeframe: 15M

๐Ÿ“Œ Key Supply Zones (Resistance Levels):
๐Ÿ”ด 146.667 โ€“ 146.774 โ€“ Potential reversal zone
๐Ÿ”ด 147.330 โ€“ 147.479 โ€“ Strong resistance

๐Ÿ“Œ Key Demand Zones (Support Levels):
โšซ 145.412 โ€“ Intermediate support
๐ŸŸข 144.274 โ€“ Major Demand Zone (Potential Reversal Area)

๐Ÿ“ˆ Bullish Scenario:
If the price breaks above 146.774, it may continue towards 147.330 โ€“ 147.479 before showing signs of reversal.

๐Ÿ“‰ 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.

โšก Trading Tip:
โœ… Look for price reaction at 146.667 โ€“ 146.774 for possible shorts.
โœ… If price reaches 144.274, watch for bullish confirmations.
โœ… Use stop-loss and risk management strategies.

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