USDJPY is respecting a bullish market structure after a strong rally from the demand zone. Price is consolidating above support while maintaining higher highs and higher lows.
📈 Key Levels:
• Demand Zone: 161.20 – 161.50
• Current Price: 161.70
• Resistance Target: 162.40
As long as price holds above the demand area, buyers remain in control with potential for a continuation toward the marked resistance.
⚠️ Educational analysis only. Manage risk appropriately.
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