2026/07/29 USD/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
164
Sell target
163.5
Today's USD/JPY call: Buy.
I have a bullish bias, but that doesn’t mean I’m keen to buy right now.
If the market forms a pullback on the 4-hour level, it would be a bit easier to buy.
Review
No trade
In the first half, price fell to the level that would form a pullback on the 4-hour chart.
It came back with a V-shaped reversal, so there was no chance to buy there, but on the way up there were spots where you could buy for a short-term trade.
It felt like there was no need to force a trade.
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.
