Strong Entry Zones for the USD/JPY Pair on the 4-Hour Timeframe

The USD/JPY pair continues to move within a strong overall uptrend. It has broken through previous resistance levels, breached the corrective downtrend, and established strong buying zones, indicating strong buying pressure.

The pair is expected to continue its upward movement, targeting the daily supply zone near 160.90.

Expected Buying Zones

Currently, strong buying zones have formed near the 158.77 level. If these zones are tested, we anticipate a renewed upward move, targeting 159.40, 160, and 160.60 respectively.

Furthermore, if the initial demand zones are broken, we may see a rise from the next zone near 157.89, as shown on the chart.

It is still advisable to look for buying opportunities on any correction in the pair, unless it reaches the above selling zones.