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Long

Stop!Loss|Market View: USDJPY

175
🙌 Stop!Loss team welcomes you❗️
In this post, we're going to talk about the near-term outlook for the USDJPY currency pair☝️

Potential trade setup:
🔔Entry level: 156.504
💰TP: 159.160
⛔️SL: 155.225

"Market View" - a brief analysis of trading instruments, covering the most important aspects of the FOREX market.
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💬 Description: The US dollar made the expected correction following the Fed's interest rate decision, but this doesn't change anything over the long term, and a strengthening of the American currency is expected. The Japanese yen is practically the best candidate for this likely strengthening. Technical and fundamental factors suggest a strengthening of the currency pair toward 159. Currently, a short-term trade can be considered near the POC (point of control) level, specifically via an upward breakout.

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