USD/JPY Analysis: Long Bias This Month
USD/JPYLongPosition4d ago6 views
Trade Setup
Entry Price
149.1000
Stop Loss
148.5000
Take Profit
150.3000
Risk : Reward
1 : 2.00
RiskReward
Technical Analysis
USD/JPY has formed a strong double top on the daily chart. Entry near 149.1 with stop below 148.5.
Fundamental Context
Economic indicators suggest USD/JPY is positioned for a long move in the coming position.
Trade Setup
Entry at 149.1 with stop at 148.5 gives a clean 2:1 ratio. Target: 150.3.
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