2026/07/17 USD/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
162.8
Sell target
162
Today's USD/JPY call: Buy.
The lows have kept turning up (making higher lows) all along, and upward pressure is building.
It finally feels like price is about to break through the high.
In the near term, price has broken above the 1-hour range, and it may have formed a pullback first thing this morning and started to rise.
From here, it’s a question of either buying from a pullback on the lower timeframes or waiting for a pullback after the breakout to the upside.
Review
No trade.
Nothing to do.
Estimated pips for this day
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.
