USD/JPY: Resistance Holds, Positioning for a Deeper Pullback Amidst Consolidation

USD/JPYShortPosition2w ago1 views

Trade Setup

Entry Price

149.3000

Stop Loss

150.1000

Take Profit

147.8000

Risk : Reward

1 : 1.88

RiskReward

Technical Outlook and Entry Rationale


USD/JPY is currently trading at 149.18, having exhibited a clear sideways trend recently, with the 24-hour change reflecting a

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