Weekly USD/JPY Outlook: Long Opportunity
USD/JPYLongSwing4h ago4 views
Trade Setup
Entry Price
149.4000
Stop Loss
149.3000
Take Profit
149.7000
Risk : Reward
1 : 3.00
RiskReward
Technical Analysis
Looking at the 4-hour chart, USD/JPY is showing a clear double bottom pattern near the 149.4 level.
Fundamental Context
Recent economic data supports a long move on USD/JPY. Central bank policy remains the key driver.
Trade Setup
Risk:reward is 2:1. Stop loss at 149.3, take profit at 149.7.
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