2026/03/30 USD/JPY Trade Strategy
Today's USD/JPY call: Sell.
The week started with price having broken above the recent high on the daily chart, but it has since dropped and I currently have a bearish bias.
On the 1-hour and 4-hour charts, this is a price zone that could turn into a pullback, so will it rise from here once, or keep falling?
Either way, I’m going in with a bearish bias.
Review
No trade
Given the higher timeframe picture, there was no spot where I really wanted to sell.
Selling at the red circle after the break of the pink line would have been fine, but price was likely to stall near the blue line just below, so the risk-reward was questionable.
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.
