USD/JPY: Approaching Resistance – A Short Position Play

USD/JPYShortPosition5d ago4 views

Trade Setup

Entry Price

149.7000

Stop Loss

150.0000

Take Profit

149.1000

Risk : Reward

1 : 2.00

RiskReward

Technical Structure and Trade Rationale


The USD/JPY pair is currently exhibiting a distinct sideways trend, with price action largely contained within a tight range. Observing the current price at 149.63, it is

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