2025/06/18 USD/JPY Trade Strategy

Today's USD/JPY call: Wait and see.

Right now the bias leans toward selling, but the Scenario B price zone has both sellers and buyers, and there isn’t much room to run, so wait and see is the better call.
Let’s make a move once price breaks out either up or down.

Scenario A
If price breaks to the upside, I’ll buy.
This price zone has been acting as resistance the whole time, so you need to make your exit decision quickly to avoid buying the top and getting caught in a sharp drop right after entry.
Target is around 146.

Scenario B
Leaning toward selling.
However, I think this is a price zone where price will just wander around whether you sell or buy, so I recommend skipping it.
That said, if price makes a slightly lower low once and then comes back up, it might be OK to sell.

Scenario C
If price breaks to the downside, sell the rally.
I’ll aim to catch the pullback down to the 4-hour support/resistance (S/R).
Target is around 144.6.

Review

Short on Scenario C.
Entering from either of the red circles works fine.
You could also enter on the retracement before that, but the shape might make it a bit hard to get in.

After that, price reached the 144.6 target, and I took profit as it was trying to bounce. 32 pips