2026/06/26 USD/JPY Trade Strategy
Today's USD/JPY call: Buy.
We’re still in a range near the highs.
Rather than buying up high, I’d like to wait until price comes down to the range low before buying.
Scenario A after a break to the upside calls for caution, so ideally I’d like to buy from lower down.
Review
It was a range.
You could consider a short from ○1 as the retracement after the break below Line C, but the retracement was a bit shallow, so given the market context, I think passing on it is fine too.
After that, the short is from ○2, where price turns down (making lower highs) after retracing about half.
Looking at the shape on the 1-hour chart (H1), this is also a reasonable spot for selling the rally.
However, price stopped falling without breaking the recent low, so I exited. About 7 pips.
Not much you can do with a market like this.
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.
