USDJPY: Bullish Recovery After Sharp Correction – Short-Term Buy

10 Jan

📈 Trade Details:

Entry: Current price 157.823
🎯 Take Profit 1: 158.000
🎯 Take Profit 2: 158.275
🎯 Take Profit 3: 158.500
🛡 Stop Loss: 157.500

💡 Analysis:
Earlier today, USDJPY experienced a sharp correction after hitting intraday highs. However, the U.S. dollar remains resilient, supported by strong economic data and market sentiment favoring risk-off assets.

The correction appears to be a retracement within a larger bullish trend, presenting a buy opportunity as the pair looks poised to recover toward key resistance levels. A break above 158.000 could open the door for further upward movement, targeting 158.275 and 158.500 in the short term.

🚨 Risk Management:

Tight stop-loss placement at 157.500 to protect against unexpected reversals.
Adjust take-profit levels based on price action and volatility.
Let’s aim for profits and disciplined trading today! 💹

10 Jan

Dagangan aktif

Take Profit 1 Reached!

12 Jan

Dagangan ditutup: sasaran tercapai

Congratulations , all targets reached!