USDJPY - Buy
I'm taking a long position on USDJPY at 160.365, here's why:
- Potential Upside:
There could be factors driving the US dollar higher against the Japanese yen. These factors could include economic data favouring the US economy or geopolitical tensions.
- Entry Point:
160.475 could be a technically attractive entry point based on past price movements or indicators.
I have a limit order set, risking 0.5% looking for 2.5% profit.
Entry: 160.365
Stop: 160.194
Profit: 161.846
- Potential Upside:
There could be factors driving the US dollar higher against the Japanese yen. These factors could include economic data favouring the US economy or geopolitical tensions.
- Entry Point:
160.475 could be a technically attractive entry point based on past price movements or indicators.
I have a limit order set, risking 0.5% looking for 2.5% profit.
Entry: 160.365
Stop: 160.194
Profit: 161.846
Trade active
Trade closed manually
Closed ahead of CPI tomorrow. 140 pips in the bag.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.