USD/JPY × kurutologic: 6 Macro Scenarios & Key LevelsUS Dollar vs. Japanese YenFX:USDJPYkuruto_logicHey everyone, this is kurutologic. Today, I’m sharing my macro view and 6 potential mid-to-long-term scenarios for USD/JPY on the Daily chart. ■ Market Overview USD/JPY is currently bouncing off the recent support (green zone) after a solid downtrend from the highs. However, it's not a clear path up. Right above the current price, there's a massive cluster of heavy resistance. How price reacts to this overhead wall will dictate our next major macro trend. ■ The Key "Walls" to Watch Overhead Resistance (157.000 - 160.000) Just above us, we have a descending trendline, a Daily FVG, an Order Block (purple box), and the Point of Control (PoC). This is a heavy supply zone where institutional selling pressure is highly likely. Downside Support (153.600 - 150.850 / 148.000 - 145.680) Besides our current green support zone, there's another historical support tier below it. If price drops, expect strong buying interest in these areas. ■ The 6 Scenarios Based on these levels, I've mapped out 6 possible paths: ① Rejection at Trendline/FVG: Price hits the first layer of resistance and continues the downtrend. ② Rejection at OB/PoC: Price pushes a bit higher into the purple Order Block and PoC line, then faces a heavy rejection. ③ Support Breakdown: The current green support fails, sending price down to the deeper liquidity pool at 148-145. ④ Breakout & Pullback: Price manages to break through the massive overhead resistance, uses it as new support (higher low), and rallies toward the Weekly Resistance. ⑤ Rejection at the Top: Price reaches the historical Weekly Resistance but gets rejected again. ⑥ Macro Range: Price gets trapped between these heavy overhead and downside walls, creating a long-term choppy range. ■ Action Plan We are currently in a corrective bounce, but jumping in blindly right now is risky. Be patient and wait to see how price action reacts when it hits that heavy resistance above. Look for a clear reversal pattern or a decisive breakout before making your move. This analysis is for educational purposes only and does not constitute financial advice. Always practice strict risk management. kurutologic