2026/10/21 USD/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
158.6
Sell target
157.9
Today's USD/JPY call: Buy.
My bias is to buy, but price is right in the middle of the range, and the daily chart has also run out of room to run, so there’s no movement.
There doesn’t seem to be much need to actively watch it.
Review
It was Scenario C.
A short from the retracement after the break below Line C, targeting the blue line.
The market was ranging and I didn’t expect a big move, so I kept the target modest. After price reached the blue target line, I took profit as it started turning up. 25 pips
Estimated pips for this day
+25.0 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.
