USD/JPY: Technical Rejection at Resistance Presents Swing Short Opportunity

USD/JPYShortSwing2d ago9 views

Trade Setup

Entry Price

150.1000

Stop Loss

151.1000

Take Profit

148.0000

Risk : Reward

1 : 2.10

RiskReward

Good day, fellow traders. My analysis of USD/JPY, currently trading at 149.93, indicates a potential swing short opportunity based on the prevailing technical structure. While the 24-hour change shows a slight uptick of 0.29%, the broader trend remains sideways within a well-defined range. My approach, as always, is to trade what the chart clearly shows, rather than relying on sentiment or personal bias.

Technical Structure and Price Action


The structure is clear around the key resistance level of 150.58. The current day

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