USDJPY Analysis: MMC Resistance vs Major BOS (Technical View)

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🔍 Chart Summary:
The USDJPY pair is currently trading around 144.58, showing strong signs of structural buildup as it approaches a critical inflection point. This analysis leverages MMC (Market Mapping Concept) and price action structure to identify two possible directional outcomes — each grounded in key technical levels.

🧠 Key Technical Highlights:
📌 1. Expanding Wedge Pattern:
Price previously formed an expanding structure, signaling volatility and accumulation.

Expansion typically precedes major directional breakouts — either trend continuation or reversal.

📌 2. Downtrend Break Test:
A long-standing descending trendline has now been tested multiple times.

A confirmed breakout would be significant, indicating a major shift in market momentum.

📌 3. Resistance Zones:
Minor Resistance Zone around 158.00–160.00 marks a key supply area.

Watch for price action behavior if this level is tested — possible rejection or breakout continuation.

📌 4. Major Support Zone:
Support near 139.00–140.00, where price previously bounced, represents a solid floor and demand zone.

📌 5. BOS (Break of Structure):
Two BOS levels are marked:

Minor BOS (Around 146.00): Immediate reaction level to watch.

Major BOS (Around 149.00–150.00): If broken, could lead to sharp bullish continuation.

🔮 MMC Forecast Scenarios:
✅ Condition 1: Bullish Breakout Scenario
Price breaks above the descending trendline and clears the Minor BOS.

Target zone: 158.00–160.00 resistance.

Structure confirms bullish dominance if Major BOS is cleanly broken and retested.

⚠️ Condition 2: Bearish Rejection Scenario
Price rejects from current trendline or Minor BOS and reverses.

Potential drop toward Major Support around 140.00.

Watch for reversal confirmation with bearish engulfing candles or re-entry into expanding zone.

🧭 MMC Outlook Summary:
The chart is setting up for a key decision point. The market will either validate a bullish breakout structure or revert back into bearish continuation. These scenarios align with the MMC mapping method, providing clear conditions for traders to follow without bias.

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