Navigating USD/JPY's Narrow Range: A Short Opportunity from Resistance

USD/JPYShortPosition1w ago3 views

Trade Setup

Entry Price

149.5000

Stop Loss

149.6000

Take Profit

149.4000

Risk : Reward

1 : 1.00

RiskReward

Market Observation and Technical Rationale


I am observing USD/JPY currently trading around 149.48, exhibiting a pronounced sideways trend with a tight daily range between 149.

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