Nataly Kambur
⬤ USD/JPY made a quick dive below 155.50, sweeping out stops and hitting the 155.50–155.70 demand zone before catching a bid. Price is now reacting off a weak low after grabbing liquidity. The chart shows a strong bearish push into support, then a bounce—suggesting sellers might be running out of steam at this level.
⬤ The drop brought USD/JPY right into a well-defined demand area where buyers started stepping in. This lines up with the structure on the chart, marking 155.50 as a key spot for potential support. As long as price stays above 155.50, the move down looks more like a correction than the beginning of a bigger breakdown.
⬤ "If buyers hold this zone, we're looking at a retracement back toward prior structure," noted the analyst. If momentum picks up above the demand zone, the first upside target sits around 157.50–158.50, an area that matches previous structure and short-term resistance on the chart. A push into that zone would confirm buyers are back in control after the liquidity grab. Beyond that, there's a higher resistance target near 159.00, marked as a strong high.
⬤ This setup matters for overall market sentiment since USD/JPY tends to react quickly to momentum and liquidity shifts. Holding 155.50 keeps it as an important short-term pivot. Staying above this level supports the recovery idea, while breaking below it would open the door to deeper losses in the coming sessions.
Nataly Kambur
