USD/ JPY ! 10/ 28 ! SELL resistance ! GAP

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USD/ JPY trend forecast October 28, 2024

The Japanese Yen (JPY) recovers about 50 pips from a three-month low against the USD, though gains are limited amid uncertainty over the Bank of Japan's rate hike plans and the ruling coalition’s recent loss of its parliamentary majority. Additionally, a positive risk sentiment continues to weigh on the safe-haven JPY.

At the beginning of the week, the price created a GAP to increase - need to adjust to fill the GAP. There is a slight resistance zone - in the context of not much important news today.


/// SELL USDJPY : zone 153.250 - 153.550

SL: 153.850

TP: 60 - 100 - 250 pips (151.050)


Safe and profitable trading

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تم فتح الصفقة

+ 100 pips , sell USDJPY 153.250 - 153.550, crazy