📊USD/JPY Price Action Update – April 24, 2025
🔹Current Price: 142.657
🔹Timeframe: 30M
📌Key Resistance Levels:
🔴143.685 – Major Intraday Resistance
🔴142.970 – Minor Structure Resistance (watch for breakout/rejection)
📌Key Demand Zones (Support):
🟢141.672–141.773 – Recent Bullish Breaker Block (potential reaction zone)
🟢139.635–140.722 – Higher Timeframe Demand Zone (strong support and reversal base)
📈Bullish Outlook:
Price is consolidating just below the 142.970 resistance level after a strong bullish rally. A clean breakout above this level could lead to a move toward 143.685. For safer buys, wait for a retest of the 141.672–141.773 zone.
📉Bearish Outlook:
If price rejects from the 142.970 level and breaks below 141.672, expect a deeper correction toward the 139.635–140.722 HTF demand. Monitor for bearish structure shifts or strong rejections near resistance zones.
⚡Trade Setup Tip:
✅Wait for a breakout + retest or confirmation candle
✅Use the 141.672 zone for possible long entries
✅Control risk around key levels with clear invalidation points
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