USDJPY - Correction to the liquidity zone US Dollar/Japanese YenFX:USDJPYRLindaUSDJPY is forming a countertrend correction with the aim of hunting for liquidity. Focus on 155.6. Global trend - bullish The currency pair is rebounding from the intermediate resistance zone and forming a countertrend correction, within which it may test the liquidity zone of 155.4 before continuing its upward movement. If the bulls keep the market above 155.6 and 155.36, the upward movement may continue. Target 157.34. Resistance levels: 156.53, 157.33 Support levels: 155.6, 155.36, 154.54 A false breakout of support within a countertrend movement could shift the local imbalance of forces in favor of buyers, which in turn could trigger growth within the trend. Sincerely, R. Linda!