USD/JPY, Technical Analysis – H4
USD/JPY has tested the supply area near 162,700, marking the likely end of the recent correction. Bears are now poised to push the pair toward the next major downside target.
The pair has tested the supply zone at 162,700, which can be viewed as the formal completion of the corrective phase ahead of the main downward movement. Bears are expected to target the 161,500–161,600 area.
Key Levels:
□ 162,700 – Key resistance / tested supply zone
□ 161,500–161,600 – Primary downside target
Primary Scenario:
Initiation of a decline toward 161,500–161,600.
Alternative Scenario:
Prolonged consolidation below 162,700.
Analyst Commentary:
The downside trend reversal pattern currently appears reliable.
نيكولاي كريشتوبوف محلل أسواق في Investizo يتمتع بخبرة تزيد على 15 عامًا في قطاع الأسواق المالية وأكثر من عقد من الخبرة في التداول. تشمل مجالات اهتمامه أسواق الفوركس والعملات الرقمية، والتحليل الفني، والتداول اليومي، وسلوك السوق.