2026/10/15 USD/JPY Trade Strategy
Today's USD/JPY call: Sell.
The flow is down, but the higher timeframe is in a range, so rather than dropping straight from here, there seems to be a good chance of a retracement rally first.
The retracement target is a bit tricky, but I feel it could go up to around Line A at most.
I’ll also keep an eye on the price zone around the letter B along the way.
Review
It was a range.
Early on it played out as Scenario B: just as I wrote beforehand, price stalled near the yellow marker, and I went short as it started turning down (making lower highs).
I exited as it started turning up (making higher lows) at the recent low. 25 pips
After that, there weren’t any good entry opportunities.
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.
