2026/08/18 USD/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
160.2
Sell target
158.9
Today's USD/JPY call: Buy.
Same as GBP/JPY, this has been a rise from a clear pullback, and there was a good trade opportunity around midday.
If the rise stalls around here, it’s a good place to take profit for now.
If you’re looking to enter from here, the ideal scenario is for price to dip once and form a pullback.
I’m watching the area around blue line B as a candidate for the pullback.
Review
No trade.
Price pulled back to Line B, but I can’t buy with this pattern.
Ended the day with wait and see.
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.
