On the 4H chart, USDJPY continues to trade within a sideways range, with strong support around 147.9 and immediate resistance near 149.4. These are the two key levels that will determine the next move for the pair.
Currently, after a short pullback, price has rebounded from the EMA 34 and EMA 89, indicating that the bullish structure remains intact. Consecutive lower-wick candles around the support zone further reinforce its role as a solid base. Meanwhile, the short-term upward trendline is still being respected, keeping buyers in control.
That said, the bullish momentum is not particularly strong — it leans more toward a “gradual climb” within the sideways range. This means each push toward 149.4 is likely to face profit-taking pressure, but as long as price holds above 147.9, the recovery still has room to continue.
Currently, after a short pullback, price has rebounded from the EMA 34 and EMA 89, indicating that the bullish structure remains intact. Consecutive lower-wick candles around the support zone further reinforce its role as a solid base. Meanwhile, the short-term upward trendline is still being respected, keeping buyers in control.
That said, the bullish momentum is not particularly strong — it leans more toward a “gradual climb” within the sideways range. This means each push toward 149.4 is likely to face profit-taking pressure, but as long as price holds above 147.9, the recovery still has room to continue.
Trade active
Top trading opportunities are waiting for you! : t.me/+TaRRH29IRysyNGJl
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Top trading opportunities are waiting for you! : t.me/+TaRRH29IRysyNGJl
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.