Price has repeatedly respected this strong demand zone, showing multiple rejections with higher lows — signaling buyer interest. This zone aligns with historical support from August–September 2024.
🔵 Resistance to Watch: 149.068
A breakout above 149.068 could open up room toward the next major supply zone at 156.000, which is where we see the highest historical volume activity (Visible Range HVN).
---
💡 Bullish Outlook:
Price just bounced off the demand zone for the third time ✅
RSI (not shown here) is moving up from oversold territory 📈
Clean breakout potential above 149.00
FOMC event approaching (as seen on chart), could provide the catalyst needed ⚠️
---
📊 Trade Setup Idea:
Entry: Above 145.000 confirmation candle
Target 1: 149.000
Target 2: 155.800 (Supply zone)
Stop Loss: Below 143.800
---
📣 Are You Watching USDJPY Too?
Drop your analysis or thoughts in the comments 💬.
Follow for more updates and trade breakdowns!
---
🔖 Hashtags:
#USDJPY #ForexAnalysis #TradingView #SupplyAndDemand #LuxAlgo #ForexSignals #PriceAction #TechnicalAnalysis #JPY #ForexTrader #SwingTrade #USDEURJPY #SmartMoney #MarketStructure #FOMC
🔵 Resistance to Watch: 149.068
A breakout above 149.068 could open up room toward the next major supply zone at 156.000, which is where we see the highest historical volume activity (Visible Range HVN).
---
💡 Bullish Outlook:
Price just bounced off the demand zone for the third time ✅
RSI (not shown here) is moving up from oversold territory 📈
Clean breakout potential above 149.00
FOMC event approaching (as seen on chart), could provide the catalyst needed ⚠️
---
📊 Trade Setup Idea:
Entry: Above 145.000 confirmation candle
Target 1: 149.000
Target 2: 155.800 (Supply zone)
Stop Loss: Below 143.800
---
📣 Are You Watching USDJPY Too?
Drop your analysis or thoughts in the comments 💬.
Follow for more updates and trade breakdowns!
---
🔖 Hashtags:
#USDJPY #ForexAnalysis #TradingView #SupplyAndDemand #LuxAlgo #ForexSignals #PriceAction #TechnicalAnalysis #JPY #ForexTrader #SwingTrade #USDEURJPY #SmartMoney #MarketStructure #FOMC
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
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.
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
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.