2026/02/03 USD/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
155.7, then 156 if it breaks above
Sell target
154.5
Today's USD/JPY call: Buy.
The daily chart is recovering from a big drop, but there’s no notable key level overhead, so my bias is bullish for now.
My main scenario is to keep buying on the 1-hour chart (H1), but if a 4-hour-level pullback comes in, I’ll also look for sells as day trades.
Review
It was Scenario B.
Price dropped to around Line C, formed a pullback, and then turned up (making higher lows). The long was around the red circle.
I took profit when price touched the pink line near the 156 target and the momentum faded. 40 pips
Estimated pips for this day
+40.0 PIPS
This article reflects the author's personal view of the market. It does not recommend any specific trade; all investment decisions are your own responsibility.
