USD/JPY: Short Setup as Resistance Holds Firm Amid Sideways Consolidation
USD/JPYShortSwing1w ago19 views
Trade Setup
Entry Price
149.4000
Stop Loss
149.8000
Take Profit
148.5000
Risk : Reward
1 : 2.25
RiskReward
Technical Structure and Entry Rationale
The USD/JPY pair is currently trading at 149.31, exhibiting a clear sideways trend within its recent range. Examining the daily chart, we observe price action consolidating between the immediate support at 149.04 and resistance at 149.59. The 24-hour
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