USDJPY, 15-minute timeframe chart
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USDJPY, 15-minute timeframe chart
USDJPY break the resistance level of 152.800
General outlook
USDJPY has been under buying pressure within the last day. The pair moved up to the resistance level of 152.800.
Possible scenario
The best way to use this opportunity is to place a buy limit order at 152.800
Set your stop loss at 152.500 below the previous low ($2.00 loss for 0.01 lot) and take profit at 153.400 ($4.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
USDJPY break the resistance level of 152.800
General outlook
USDJPY has been under buying pressure within the last day. The pair moved up to the resistance level of 152.800.
Possible scenario
The best way to use this opportunity is to place a buy limit order at 152.800
Set your stop loss at 152.500 below the previous low ($2.00 loss for 0.01 lot) and take profit at 153.400 ($4.00 profit for 0.01 lot).
The risk-reward ratio for this order is 1:1.
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