2026/07/20 USD/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
162.8
Sell target
161.3
Today's USD/JPY call: Buy.
My bullish bias hasn’t changed, but price is stuck in a range and the movement is drying up.
The price zone marked in blue is being respected on the 1-hour chart (H1), so it might act as some support, but this isn’t a situation I want to jump into.
Looking at the bigger picture, I see the lower red line as the range low.
I’d like to buy while watching how price behaves around support.
Review
No trade.
The blue marker did work as support, but the expectancy was low, so I just didn’t feel like getting involved.
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.
