USD/JPY: Positioning for a Short Rejection at Key Resistance

USD/JPYShortPosition4h ago3 views

Trade Setup

Entry Price

149.6000

Stop Loss

149.7000

Take Profit

149.3000

Risk : Reward

1 : 3.00

RiskReward

Technical Outlook and Trade Rationale


The USD/JPY pair is currently exhibiting a sideways trend, consolidating within a tight range. At a current price of 149.56, the pair is trading near the upper

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