USD/JPY Discussion

AUDJPY – high risk zone
Price is sitting at resistance around 114.20–114.40.
This is not a clean trend. It can move both ways.
Short:
Only if price pushes above 114.40 and fails.
Look for rejection first, then confirmation down.
Targets: 113.20 → 112.20
Long:
Only if price holds and shows strength.
Need rejection from below and then confirmation up.
Targets: 115.00+
No rejection – no trade
No confirmation – no entry
This is where most people guess and get trapped.

Target hit

Inside day.

USD/JPY is in a bullish consolidation phase, oscillating just below the 160.00 level. While the pair retains a short-term bullish bias above the 157.30–157.50 support zone, market indecision is high ahead of upcoming Japanese inflation data. Traders are cautious due to potential Japanese intervention risks near 160, though technicals suggest a potential upward bias.

Although the USDJPY price action on the H4 time frame retested the 159.320 intra-day horizontal support on Friday, we may see a bullish pushback in the early part of this week. Nevertheless, the bigger technical outlook indicates that a southward rotation is in the offing.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

Target hot

Target hit

Intervention incoming?? Things look a bit dicey to me.

Yes

The JPY pairs had gone mad . Just only X message