π USD/JPY Price Action Update β May 20, 2025
πΉCurrent Price: 144.832
πΉTimeframe: 15M
π Key Demand Zone:
π’ 144.650β144.750 β High-interest buy zone; multiple rejections with strong wick reactions, showing demand buildup.
π Potential Bullish Scenario:
πΈ If price holds above 144.750 and breaks 145.350 with volume, clean upside to 146.021 is on the table
πΈ Liquidity resting above previous highs β ideal for a liquidity sweep entry
π Risk Scenario:
πΈ If price closes below 144.650 on 15M with strong bearish momentum, intraday structure may shift bearish
π FXFOREVER Insight:
β
Intraday structure remains bullish above demand
β
Look for CHoCH or BOS on 5M before early entry
β
Set alerts near 145.35 for breakout continuation
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