2026/07/22 USD/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
ーー
Sell target
162.5
Today's USD/JPY call: Buy.
Price is making new highs, and there’s almost nothing pointing to the sell side.
I’d like to see whether the rally just keeps going from here or forms a pullback first before moving higher, and buy accordingly.
I also want to keep the support/resistance (S/R) at the blue marker somewhat in mind.
The buy target is undecided, since there’s no basis for setting one.
Review
No trade.
The price action is ugly, so I don’t think there’s any need to force a trade.
If buying, maybe consider it from around the red circle.
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.
