[b]USDJPY 2D:[/b] [i]Technical Analysis

TREND OVERVIEW

• Downtrend with moderate confidence (38.1%)
  
• Trend Score: -80 = entering a downtrend
  
• Key resistance at 160.84 (PIVOT HIGH)
  

RESISTANCE:

• 161.95 (Stop-loss Zone)
  
• 160.84 (PIVOT HIGH)
  
• 158.60 (Supply Zone)
  

SUPPORT:

• 154.34 (TP 1)
  
• 150.76 (TP 2 / MID PIVOT)
  
• 148.12 (TP 3)
  
• 144.05 (TP 4)
  
• Critical Support: 140.55
  
• 139.57 (PIVOT LOW / BUY STOPLOSS)
  

PRICE ACTION

• A close below 154.34 confirms bearish continuation.
  
• Supply Zones at 160.84 and 158.60 holds firm, limiting upside potential.
  
• Bearish momentum aligns with the trend, targeting TP levels.
  

TRADE PLAN

• Enter short positions targeting TP 1–4.
  
• Stop-loss: 161.95 (Above key resistance).
  
• Monitor 140.55 for possible bullish reversal.