USD/JPY Analysis - H1 Prediction for 06/02/2025
USD/JPY Analysis - H1 Prediction for 06/02/2025
📉 Bearish Bias with Potential Retracement
🔹 Current Price: 152.298
🔹 Key Resistance Levels:
153.003 - 153.216 (FVG & SBR Zone)
153.791 - 153.993 (Major Resistance & Liquidity Zone)
🔹 Market Outlook:
Price may retrace towards 153.003 - 153.216 before potential rejection.
Holding below 153.993 keeps the bearish bias intact.
A clean break above 154.500 shifts momentum bullish.
🔹 Trade Setup:
✅ Sell Zone: 153.003 - 153.216 (Look for rejection signals)
✅ Target: 151.811 - 152.045, then Daily Demand Zone at 148.715 - 149.603
✅ Invalidation: Sustained breakout above 153.993
#USDJPY #ForexAnalysis #SmartMoneyConcepts #PriceAction #FVG #ForexTrader
📉 Bearish Bias with Potential Retracement
🔹 Current Price: 152.298
🔹 Key Resistance Levels:
153.003 - 153.216 (FVG & SBR Zone)
153.791 - 153.993 (Major Resistance & Liquidity Zone)
🔹 Market Outlook:
Price may retrace towards 153.003 - 153.216 before potential rejection.
Holding below 153.993 keeps the bearish bias intact.
A clean break above 154.500 shifts momentum bullish.
🔹 Trade Setup:
✅ Sell Zone: 153.003 - 153.216 (Look for rejection signals)
✅ Target: 151.811 - 152.045, then Daily Demand Zone at 148.715 - 149.603
✅ Invalidation: Sustained breakout above 153.993
#USDJPY #ForexAnalysis #SmartMoneyConcepts #PriceAction #FVG #ForexTrader
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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.
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.