USD/JPY Trade Idea — Short from 149.4

USD/JPYShortPosition4d ago9 views

Trade Setup

Entry Price

149.4000

Stop Loss

149.7000

Take Profit

148.8000

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Key support at 149.17 is holding. Resistance at 149.57 is the target.

Fundamental Context

The macro environment favors short positions on USD/JPY. Keep an eye on upcoming data releases.

Trade Setup

Risk:reward is 2:1. Stop loss at 149.7, take profit at 148.8.

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