USD/JPY: Resistance Holds, Opportunity Emerges for a Downside Move

USD/JPYShortPosition3h ago3 views

Trade Setup

Entry Price

149.3000

Stop Loss

150.4000

Take Profit

147.2000

Risk : Reward

1 : 1.91

RiskReward

Market Structure and Technical Analysis


The USD/JPY pair is currently trading at 149.05, displaying a sideways trend after recent volatility. We observe the price action consolidating near the upper end

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