USD/JPY – H1 Market OutlookUSD/JPYOANDA:USDJPYCoreliquidityLabPrice is currently consolidating below the P1D Low after a recent drop. If rejection occurs here, price could revisit the Equal Low / Swing Low area before testing the OB demand zone at 146.60–146.40. Possible Scenarios: 1️⃣ Bearish Continuation: Reject from P1D Low → sweep Equal Lows → tap OB demand before a potential bullish reversal. 2️⃣ Bullish Push: Break above P1D Low → possible run toward Strong High / OB Supply Zone at 148.40. Key Levels: Resistance: P1D Low (147.50), OB Supply (148.40) Support: Equal Low / Swing Low (146.90), OB Demand (146.60–146.40) 📌 Plan: Watch for confirmation at P1D Low — either a breakout for longs or rejection for shorts.