Should price action for the USDJPY remain inside the 114.500 – 115.000 zone the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Short Position
• Entry Level: Short Position @ 114.750
• Take Profit Zone: 105.25 – 106.75
• Stop Loss Level: 117.750

Should price action for the USDJPY breakdown below 114.500 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: 105.25 – 106.75
• Stop Loss Level: 117.750

Should price action for the USDJPY breakout above 115.000 the following trade set-up is recommended:

• Timeframe: D1
• Recommendation: Long Position
• Entry Level: Long Position @ 115.500
• Take Profit Zone: 116.750 – 117.250
• Stop Loss Level: 114.500

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