USD/JPY: Preparing for a Reversal from Key Resistance

USD/JPYShortSwing1w ago4 views

Trade Setup

Entry Price

150.0000

Stop Loss

150.8000

Take Profit

148.4000

Risk : Reward

1 : 2.00

RiskReward

Market Structure and Technical Assessment


The USD/JPY pair currently trades at 149.84, exhibiting a largely sideways trend within a day range of 149.33 to 150.36. From a technical perspective, the structure is clear: we observe a significant resistance level at 1

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