FX.co ★ Trading tips for USD/JPY

As expected, USD/JPY rose on Thursday and broke through the first target level, which is 135.6.

Plan:

Development:

Congratulations to those who followed the strategy presented last August 15! The pair moved by as much as 3,000 pips.

Traders can now take profit by closing 2/3 of their positions.

Next target will be 139.4.

The idea was based on the framework of "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day!