FX.co ★ Trading tips for USD/JPY

The previous trading plan was for increasing the price of USD/JPY.

That is exactly what happened on Tuesday, right after the release of a higher-than-expected inflation data in the US. The pair rose sharply, breaking through the level of 130.

Congratulations to all those who followed the strategy! USD/JPY moved by as much as 2,600 pips.

The trading plan was based on the "Price Action" and "Stop Hunting" methods.

Good luck and have a nice day! Don't forget to control the risks.