Should price action for the USDJPY remain inside the 107.90 to 108.30 zone the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 108.10
• Take Profit Zone: 105.20 – 105.60
• Stop Loss Level: 109.50

Should price action for the USDJPY breakdown below 107.90 the following trade set-up is recommended:

• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position @ Retracements in the trend; sell orders during rallies
• Take Profit Zone: 105.20 – 105.60
• Stop Loss Level: 109.50

Should price action for the USDJPY breakout above 108.30 the following trade set-up is recommended:

• Timeframe H4
• Recommendation: Long Position
• Entry Level: Long Position @ 108.40
• Take Profit Zone: 109.80 – 110.20
• Stop Loss Level: 107.60

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