USD/JPY Technical Analysis

The USD/JPY pair is moving within an upward trend on the 4-hour chart, currently trading around the 146.75 level after a strong bounce from the FVG zone at 146.75. A clear liquidity zone is also observed around the 147.18 level, which is expected to be visited during the day. With no major economic events scheduled today, market movement is likely to remain relatively calm.

Liquidity Levels:
1- The 147.18 level is considered an attractive price zone, and buy signals during the day will aim to target this level.
2- If the 147.18 level is breached and price holds above it, the bullish trend is expected to continue, targeting the 148.00 level.

Buy Zones:
1- 146.75
2- 146.50

3- The bullish scenario becomes invalid if the price breaks below 146.15.