After FOMC meeting yesterday they decided to raise interest rates for 0.25% on equal of total 0.50% interest rates on USD Currency this was forecasted as a hawkish for dollar, at this time during the war Russia-Ukraine anything can happen but i see USDJPY as a safeheaven pair, bias for Buy i see rejection on major support structure 118.423 going to risk 15 pips for this trade to gain 45.4 pips 1:3 RR daytrade idea.
I'm also thinking that price is going to clean previous daily high 119.120 and spike up for some days.
This is not financial advice, i'm only sharing my idea for this trade, is only for educational purposes only.
I'm also thinking that price is going to clean previous daily high 119.120 and spike up for some days.
This is not financial advice, i'm only sharing my idea for this trade, is only for educational purposes only.