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FXFiboForex Fibonacci Chart
USDJPY4-hourBullish

USDJPY 4-hour (SMC): 157.26–158.77 range; buy the range low

FXFibo editorial · · 1 min read
Summary

On the 4-hour chart price is ranging between 157.26 and 158.77, and clustered highs hold buy-side liquidity. In line with the daily bias, buying the lower half is preferred.

BiasBullishEntry zone157.50Stop loss157.05Target 1158.50Target 2158.77StatusActive
Invalidation: 4-hour close below 157.25
USDJPY 4-hour (SMC): 157.26–158.77 range; buy the range low

Main scenario

  • Structure: range with highs at 158.51–158.77 and lows at 157.26–157.38
  • Buy zone: discount at 157.26–157.80
  • Targets: 158.50 and 158.77

Alternative scenario

A break of 157.25 triggers sell-side liquidity, with 156.96 next.

Key levels

  • Resistance: 158.12, 158.50, 158.77
  • Support: 157.80, 157.38, 157.26

Market-moving events

  • Tue 10 Nov: US CPI
  • Thu 12 Nov: UK GDP and US jobless claims
  • Fri 13 Nov: US PPI and euro-area GDP
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⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.