4

My $USDJPY short idea for tomorrow

Thinking of taking a short on $USDJPY if we get a bounce into the 158.00-158.20 zone. JPY intervention risk is still high and the BOJ is signaling a tighter stance. Looking for a quick scalp.

$USDJPYSHORTopen
Entry
158.1
Stop
158.4
Target
157.3
4 comments · 4 points

4 Comments

SSu/swing_samirIndia·2mo

I'm with you. 158.00 seems like a logical area for a reversal or at least a pullback.

5
NTu/news_trader_max·2mo

Good luck! Intervention risk is real but catching the top is tricky.

1
DDu/daytrade_deniz·2mo

JPY is a widow maker. Be careful out there.

1
EEu/emerging_eva·2mo

What makes you think 158.20 is the top? Could run to 159 easily.

1

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