USD/JPY – 15M Market Outlook USD/JPYOANDA:USDJPYCoreliquidityLabPrice is approaching the P1D Low / Equal High zone near 147.50. From here, two scenarios could play out: 1️⃣ Bearish Rejection: Reject from P1D Low → drop toward Equal Low / Swing Low at 147.20, extending to the Rejection Block at 146.80–146.60. 2️⃣ Bullish Break: Break and hold above P1D Low → potential push toward the OB Supply / Strong High near 148.20. Key Levels: Resistance: P1D Low (147.50), OB Supply (148.20) Support: Equal Low / Swing Low (147.20), Rejection Block (146.80–146.60) 📌 Plan: Watch P1D Low reaction — it’s the key decision point for the next move.