USD/JPY: Bullish Positioning Amidst Sideways Trend, Watching Key Levels for Upside

USD/JPYLongPosition2w ago4 views

Trade Setup

Entry Price

148.9000

Stop Loss

147.9000

Take Profit

150.8000

Risk : Reward

1 : 1.90

RiskReward

Market Analysis & Technical Setup


USD/JPY is currently trading at 149.1, experiencing a minor pullback of -0.26% over the last 24 hours, with the day range spanning 148.51 to 149.7. While the immediate trend is sideways, my analysis suggests an opportunity to position for potential upside, consistent with a broader

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