30/09/2026
USDJPY is testing a critical structural support floor on the 1H chart, pulling back into the key flipped demand zone at 156.40 - 156.80. Price action has shown strong rejection wicks into this grey support box, indicating active buying interest and support defense. Following the projected red arrow path, a solid hold and base-building sequence here clears the runway for a bullish continuation rally targeting the previous highs and structural liquidity pool overhead.
📋 TRADE SETUP:
📍 Entry (Long): Following the red arrow projection, look for buy-the-dip opportunities as price holds inside the 156.40 - 156.80 grey demand zone. Wait for bullish price action confirmation (such as lower timeframe rejection wicks, higher lows, or bullish reversal candle patterns) before entering long.
🎯 Target: The major structural ceiling and overhead liquidity target at 159.00.
🛑 Invalidation: A clean 1H candle close back below 156.30. Losing this structural demand floor negates the bullish defense and exposes the pair to deeper downside corrections.