USD/JPY Short — Month Analysis

USD/JPYShortPosition5d ago6 views

Trade Setup

Entry Price

149.4000

Stop Loss

150.8000

Take Profit

147.3000

Risk : Reward

1 : 1.50

RiskReward

Technical Analysis

Looking at the daily chart, USD/JPY is showing a clear bearish engulfing pattern near the 149.4 level.

Fundamental Context

Recent economic data supports a short move on USD/JPY. Central bank policy remains the key driver.

Trade Setup

Risk:reward is 1.5:1. Stop loss at 150.8, take profit at 147.3.

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