USD/JPY Intraday Signal: Bearish Toward 154.50
Analysis:
USD/JPY remains capped beneath the 157.50–157.80 supply zone, where a strong high has formed and upside momentum stalled. Despite recent bullish attempts, price continues to print lower highs below resistance, confirming that sellers remain active. As long as 157.80 is not reclaimed, bearish continuation remains favored.
The nearest demand sits around 154.50, aligned with prior imbalance and structural support. A break below this zone would expose deeper downside toward 153.00. Only a sustained move above 157.80 would invalidate the bearish outlook and shift momentum toward 159.00.
Trade Setup:
Enter: Short below 157.80
Stop-Loss (SL): 158.40
Target A: 154.50
Target B: 153.00