USD/JPY Analysis: Short Bias This Month

USD/JPYShortPosition5d ago7 views

Trade Setup

Entry Price

149.6000

Stop Loss

149.8000

Take Profit

149.3000

Risk : Reward

1 : 1.50

RiskReward

Technical Analysis

Key support at 149.47 is holding. Resistance at 149.63 is the target.

Fundamental Context

Fundamental catalysts align with the technical picture here. USD/JPY has room to move.

Trade Setup

Risk:reward is 1.5:1. Stop loss at 149.8, take profit at 149.3.

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