Best Zones for Selling the USD/JPY Pair (4-Hour Timeframe)
The USD/JPY pair is currently moving sideways on the 4-hour timeframe, having established new, strong selling zones within this same timeframe.
A fresh decline is anticipated should the price reach these identified supply zones while the sideways movement persists.
Expected Targets
If the price tests the supply zones near the 157.95 level, a decline toward the 157.60 and 157.10 levels, respectively, is expected.
Conversely, this bearish outlook would be invalidated if the price breaks through these supply zones and closes above them.
