🔥USD/JPY experienced one of its sharpest declines in recent sessions, wiping out multiple support levels in a single move before finally finding buyers inside a major demand zone. Since then, price has stabilized and entered a short-term consolidation, suggesting the market is preparing for its next directional move.

What's particularly impressive is how accurately the mapped zones have performed. The zones worked exactly as expected, providing both the rejection areas during the decline and the support that eventually slowed the selloff:

📈 Bullish scenario

If buyers continue defending the current base, USD/JPY could extend its recovery toward the nearest supply zone. A successful breakout there would strengthen the case for a broader bullish retracement.

📉 Bearish scenario

If the current consolidation breaks to the downside, the market may revisit the demand zone once again. Losing that support would signal that sellers remain firmly in control and could trigger another impulsive leg lower.

For now, the market is rebuilding after an aggressive selloff. The next breakout from this consolidation should reveal whether this is the beginning of a recovery—or just another pause before continuation.