USD/JPY Bullish Reversal and Support Retest Targeting 156.37USD/JPYOANDA:USDJPYGold_Market_MindMarket Structure: Price formed a double bottom near 155.55–155.60, indicating strong demand and bullish reaction. 🔄 After the reversal, price is now consolidating above the 155.85 support zone, which previously acted as resistance. This area is acting as a flip zone (resistance turned support) — a key bullish continuation signal. Trend & Momentum: Short-term structure shows higher low formation, confirming bullish recovery. 📈 The pullback toward 155.90 entry zone looks like a retest before continuation. Momentum favors upside as long as price holds above the support base. Key Levels 🎯 Buy Entry Zone: 155.85 – 155.90 Stop Loss: 155.70 (below support and structure invalidation) 🛑 Take Profit Targets: TP1: 156.20 (intermediate resistance) TP2: 156.37 (major resistance / target zone) 🚀 TP3: 156.60 (extended bullish continuation) Alternative Scenario ⚠️ If price breaks below 155.70, bullish setup becomes invalid. Next downside support would be around 155.40 – 155.50. Summary 🧠 Bias: Bullish continuation after support retest Confirmation: Hold above 155.85 support Invalidation: Break below 155.70 Outlook: Potential move toward 156.37 target zone