USD/JPY Trade Idea — Long from 149.6
USD/JPYLongPosition5d ago4 views
Trade Setup
Entry Price
149.6000
Stop Loss
148.6000
Take Profit
151.1000
Risk : Reward
1 : 1.50
RiskReward
Technical Analysis
Looking at the daily chart, USD/JPY is showing a clear breakout pattern near the 149.6 level.
Fundamental Context
Economic indicators suggest USD/JPY is positioned for a long move in the coming position.
Trade Setup
Entry at 149.6 with stop at 148.6 gives a clean 1.5:1 ratio. Target: 151.1.
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