2026/03/24 USD/JPY Trade Strategy

Today's USD/JPY call: Sell.

The daily chart and 4-hour chart are ranging, and the 1-hour is a sell. Up until the morning the 15-minute chart (M15) was a buy, but now it has broken below the low, so it feels like maybe a sell? That’s about where things stand.
The picture is something like: will it drop without breaking above around B, or will it rise to around A and then drop?

That said, the 4-hour isn’t really in an easy shape to sell, and the daily chart is a range within an uptrend, so it’s not a situation where a lot of selling is likely to come in.

I’d wait and see on USD/JPY and trade a currency that’s easier to read instead.