JPYUSD Smart Money VIP Analysis – Eyeing High-Probability Target

📈 Market Context:

The JPYUSD (Japanese Yen vs. US Dollar) is currently navigating through a critical structure phase where price is reacting to previously established institutional zones. Recent price movements reveal a clean and structured setup — one that aligns perfectly with Smart Money Concepts (SMC) and CHoCH (Change of Character) theory.

This 2H chart provides a roadmap for anticipating the next high-probability reversal, giving traders an edge in both short-term scalps and mid-term swing trades.

🔍 In-Depth Chart Analysis:
🧱 Resistance Zone (0.007020–0.007040):
This area has been tested multiple times in the past and acted as a strong supply zone. Institutional orders have previously caused significant bearish pressure from this level. Unless a strong bullish breakout occurs with volume, this zone is likely to hold again.

🔁 Next Reversal Zone (0.006975–0.006985):
Price is currently climbing from the SR Interchange Zone, heading toward this marked reversal area. Here's why this zone matters:

Confluence of past resistance and imbalance

Potential liquidity sweep above minor highs

Perfect setup for a bearish reaction to form a lower high

Traders should watch for signs of weak bullish candles, wicks, or a bearish engulfing here.

🔄 SR Interchange (Support-Resistance Flip):
This level held firm, showing buyer interest after a previous structure break. It signals a healthy correction phase — a typical SMC signature before larger moves occur. The market is offering a retracement opportunity.

🟡 CHoCH Zones:
Minor CHoCH (0.006900): A break and close below this level would invalidate bullish correction and confirm the shift in momentum.

Major CHoCH (0.006840): The final confirmation of bearish dominance. A breach here opens the door for new lows, targeting long-term support areas.

⚔️ Smart Money Playbook:
Current Move: Price is in bullish retracement from previous demand zone

Watch Zone: 0.006975–0.006985 (Potential Smart Money sell zone)

Reaction Setup:

Bearish structure forms (e.g., M pattern, liquidity sweep, bearish engulfing)

Price breaks minor CHoCH

Sell Entry: After confirmation, with stops above reversal zone

TP1: SR Interchange level

TP2: Major CHoCH zone

📅 Fundamental Triggers Ahead:
Watch for upcoming USD economic data (CPI, PPI, interest rate decisions) between June 11–14, which could act as catalysts for volatility and confirm technical setups.

🧠 Educational Note:
This setup is a classic example of market structure shift, liquidity engineering, and order block theory — concepts used by banks and smart money traders. Retail traders often get trapped on the wrong side of these zones. Your edge lies in anticipating the trap, not reacting to it.

🎯 Conclusion:
JPYUSD is offering a textbook Smart Money setup. The current retracement gives an opportunity to position early into a likely bearish continuation, provided structure confirms at the next reversal zone. Patience, discipline, and precise timing will be key to capitalizing on this move.