USD/JPY, Technical Analysis – H4
USD/JPY remains under bearish pressure after confirming its downside scenario, with the focus shifting to lower support levels following a brief corrective rebound.
The downside scenario has been confirmed. After a brief technical correction to absorb short-term profit-taking, further decline toward the 161,000 and 160,200 levels is expected.
Key Levels:
□ 161,000 — intermediate target
□ 160,200 — key downside target
Primary Scenario:
Continuation of the decline toward 161,000 and 160,200.
Alternative Scenario:
Transition to flat consolidation ahead of the weekend.
Analyst Commentary:
We are considering downside trades only.
Nikolai Krishtopov ialah Penganalisis Pasaran di Investizo dengan lebih 15 tahun pengalaman dalam industri pasaran kewangan dan lebih sedekad pengalaman berdagang. Bidang tumpuannya merangkumi pasaran forex dan kripto, analisis teknikal, dagangan intraday serta gelagat pasaran.