U.S. Dollar / Japanese Yen

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U.S. Dollar / Japanese Yen forum


USDJPY The setup looks good for a sell trade:

- #USDJPY SELL NOW @ 147.900
- TP1: 147.800
- TP2: 147.700
- TP3: 147.600
- SL: 148.200

This setup assumes a downward trend. Good luck with the trade! Manage your risk and adjust according to market conditions.

USDJPY 🇯🇵 USDJPY

The pair remains in a sideways range. Earlier, we noted the formation of a double bottom and the possibility of an upward movement. The picture is reinforced by the MACD and Parabolic SAR indicators, which also point to a likely rise to test the imbalance (FvG).

#TradeIdea

🔼 Buy #USDJPY ONLY after consolidation above 147.92;
🎯 TP: 148.70.



USDJPY still holding a buy from 147.00. Hope it will goes to 148.10-ish and wait for CPI news tommorow. Purely speculation.