2026/09/11 USD/JPY Trade Strategy

Today's USD/JPY call: Buy.

I’d left this alone for a while after Monday’s drop, but the structure is finally becoming easier to read.

My short-term bias is to look for buys, but Line A is a price zone where sellers come in, and the bigger flow is bearish.
So the strategy is: if the short-term buying breaks down here, I want to sell.

Strictly speaking, there may already have been a bullish shift on the 1-hour chart (H1), so be careful about that.

Review

It was Scenario C.

I went short from ○1, the retracement after price broke below the range low.

After that, I took profit when the decline stalled at the target pink line at 153.8. 32 pips