JPYUSD | Bearish Structure Near Key Support & LiquidityJAPANESE YEN / U.S. DOLLARFX_IDC:JPYUSDXAUApex🔹 JPYUSD remains within a broader bearish market structure, with price forming lower highs and lower lows inside the descending red trend channel. The recent rebound from the lower boundary was rejected near the 0.00630–0.00632 resistance and liquidity area, followed by renewed selling pressure. Price is now trading closer to the highlighted support zone around 0.00622–0.00624, making this area important for the next price action reaction. The structure currently favors caution while sellers maintain control below the descending resistance. 🔸 If the JPYUSD support zone holds, price could attempt a corrective bounce toward the nearby resistance and liquidity area, but confirmation from price action may be useful before considering any trade. A clear rejection from support could keep the broader bearish structure intact, while a decisive break below the support zone could expose further downside within the channel. Conversely, a strong reclaim of resistance might weaken the current bearish structure and suggest a potential shift in momentum. This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.