2026/07/27 USD/JPY Trade Strategy
Today's USD/JPY call: Sell.
The week has opened with a break below last week’s range.
For now it’s a sell, but the area around Line C is where support should come in.
The daily chart and the 4-hour chart are both in uptrends, so another option is to wait for the current selling pressure to make a bullish shift and then buy.
If I’m going to sell, I’d like to sell from higher up.
Review
No trade.
On the day-trading timeframe I have a bearish bias, so selling around the red circle, where price was stopped three times, would have been fine, but it’s just not a situation where I want to sell.
It’s also a range, so if I’m going to sell, it’s better to wait for the range high.
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.
