USDJPY is currently approaching a major POI resistance zone on the 4H timeframe after a strong liquidity-driven rally. The market structure shows signs of potential exhaustion as price trades near equal highs and a strong supply region, increasing the probability of a liquidity sweep before bearish continuation.
The highlighted POI area remains the key zone to watch for possible rejection and downside expansion toward the marked target zone around 154.919.
Key Observations:
• Liquidity resting above current highs
• Price moving into major POI resistance
• Equal highs acting as liquidity target
• Potential bearish reversal from premium zone
Target Zone: 154.919 Area
Bias: Bearish After Liquidity Sweep
Not Financial Advice
The highlighted POI area remains the key zone to watch for possible rejection and downside expansion toward the marked target zone around 154.919.
Key Observations:
• Liquidity resting above current highs
• Price moving into major POI resistance
• Equal highs acting as liquidity target
• Potential bearish reversal from premium zone
Target Zone: 154.919 Area
Bias: Bearish After Liquidity Sweep
Not Financial Advice
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.
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.