Should price action for the USDJPY remain inside the 115.000 to 116.000 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 115.250
• Take Profit Zone: 107.000 – 108.000
• Stop Loss Level: 117.000

Should price action for the USDJPY breakdown below 115.000 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ Retracements in the trend; sell orders during rallies
• Take Profit Zone: 107.000 – 108.000
• Stop Loss Level: 117.000

Should price action for the USDJPY breakout above 116.000 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 116.500
• Take Profit Zone: 117.500 – 118.000
• Stop Loss Level: 115.500

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