USD/JPY Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Resistance Levels: 152.749, 153.605, 154.558.
- Support Levels: 150.994, 149.836, 148.883.
- Technical Indicators: RSI at 59 supports bullish sentiment; 50 EMA at 151.279 strengthens short-term uptrend.
The USD/JPY pair is trading at 152.523, up 0.04%, reflecting modest upward momentum on the 4-hour chart. The pair is finding support near the pivot point at 151.960, a critical level that traders are monitoring for potential direction.
Immediate resistance is located at 152.749, followed by key levels at 153.605 and 154.558, suggesting room for bullish continuation if the pair can maintain momentum.
On the downside, immediate support lies at 150.994, with deeper levels at 149.836 and 148.883 providing a safety net in case of a pullback.
The 50-day Exponential Moving Average (EMA) at 151.279 underpins short-term bullish sentiment, reinforcing the ongoing upward trend.
The Relative Strength Index (RSI) at 59 indicates neutral-to-bullish momentum, suggesting the pair has room to rise before entering overbought territory.
Traders may consider a buy limit entry at 152.125, targeting 153.600 with a stop loss at 151.500 to manage downside risk.
The technical setup suggests a cautiously bullish outlook for USD/JPY, supported by a broader risk-on sentiment in the markets.
A decisive move above the 152.749 resistance could pave the way for further gains, while holding above the pivot will be crucial to maintaining positive momentum.
USD/JPY - Trade Ideas
Entry Price – Buy Limit 152.125
Take Profit – 153.600
Stop Loss – 151.500
Risk to Reward – 1: 2.3
Profit & Loss Per Standard Lot = +$1475/ -$625
Profit & Loss Per Mini Lot = +$147/ -$62
USD/JPY Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Bearish Sentiment: RSI at 42 indicates weak momentum, favoring a bearish bias below 150.76.
- Critical Levels: Support at 148.83 and resistance at 152.00 define key areas for directional moves.
- Trading Strategy: Sell below 150.427, targeting 148.806, with a stop-loss set at 151.429 to mitigate risk.
USD/JPY is trading at 149.81, down 0.48% during the session, reflecting bearish sentiment as the pair hovers below its pivot point at 150.76. Immediate resistance is located at 152.00, with additional barriers at 153.36 and 154.73.
On the downside, support is at 148.83, followed by key levels at 147.72 and 146.67, marking critical zones for potential bearish extensions.
Technical indicators suggest bearish momentum in the near term. The RSI stands at 42, highlighting a lack of upward momentum and a tilt toward oversold conditions.
The 50-day EMA, positioned at 150.02, aligns with the pivot point, acting as a dynamic resistance level. Failure to reclaim the pivot point could reinforce downward pressure, increasing the likelihood of a retest of lower support levels at 148.83.
The broader trend appears influenced by Federal Reserve policy expectations and yen-specific fundamentals, including intervention risks.
A break below 150.427 supports a bearish outlook, targeting 148.806, with a stop-loss set at 151.429 for risk management. Conversely, a sustained recovery above 152.00 may signal a reversal, though current market conditions suggest limited upside potential.
Traders should monitor macroeconomic developments and market sentiment closely as the pair consolidates near critical levels. The immediate bias remains bearish, with short positions recommended below 150.427.
USD/JPY - Trade Ideas
Entry Price – Sell Below 150.427
Take Profit – 148.806
Stop Loss – 151.429
Risk to Reward – 1: 1.6
Profit & Loss Per Standard Lot = +$1621/ -$1002
Profit & Loss Per Mini Lot = +$162/ -$100
USD/JPY Price Analysis – Dec 05, 2024
Daily Price Outlook
During the European session, the USD/JPY currency pair has been experiencing a bearish trend, with the Japanese Yen (JPY) building on its intraday gains amid the growing expectations that the Bank of Japan (BoJ) may deliver an interest rate hike in December.
Moreover, the ongoing geopolitical tensions, especially in Ukraine, and concerns about the US President-elect Donald Trump's potential tariff plans have driven some safe-haven flows towards the Yen.
US Dollar and its Impact on the USD/JPY Pair
On the US front, the recent dip in US Treasury yields has put some pressure on the USD, although the downside has been relatively contained. The 10-year US Treasury bond yield recently fell to its lowest level since October 21, which has made the USD less attractive to investors.
However, despite this downward pressure, Federal Reserve officials remain optimistic about the economy. Fed Chair Jerome Powell noted that the central bank may adopt a more cautious approach to further rate cuts.
Additionally, other Federal Reserve members, including St. Louis Fed President Alberto Musalem and San Francisco Fed President Mary Daly, emphasized that more work is needed to bring inflation down to the 2% target.
These comments suggest that the Fed might not rush into rate cuts, which could provide some support for the USD.
These comments are fueling speculation that the Federal Reserve could pause its rate cuts at the upcoming meetings, potentially supporting the USD in the medium term.
The latest economic data, including the ISM Services PMI's weaker-than-expected performance, adds to the complexity of the situation.
As a result, traders will continue to monitor the upcoming Nonfarm Payrolls report for more insights into the US economy, which could sway the USD and, in turn, the USD/JPY pair's direction.
Japanese Yen Attracts Fresh Buyers Amid BoJ Rate Hike Speculation
The Japanese Yen has recently seen increased demand due to wavering expectations surrounding a potential rate hike by the Bank of Japan (BoJ) in December. Last week, BoJ Governor Kazuo Ueda's hawkish comments fueled speculation that the central bank could act sooner than expected, supporting the Yen.
However, BoJ board member Toyoaki Nakamura's recent dovish remarks, stating concerns about the sustainability of wage growth and inflation, have dampened the likelihood of an immediate rate hike.
Despite this, the strong Tokyo Consumer Price Index for November continues to raise the chances of further tightening in Japan's monetary policy, especially with inflation not yet at the targeted 2% level.
Furthermore, investors are increasingly concerned that US President-elect Trump's tariff plans could escalate global trade conflicts, which would further drive uncertainty and bolster demand for the Yen as a defensive asset.
These factors combined have led to fresh buying interest in the Yen, pushing the USD/JPY pair lower as the outlook for the BoJ’s policy remains in flux.
This uncertainty, along with the market's focus on Japan's economic recovery, is likely to keep the USD/JPY pair volatile in the short term. (edited)
USD/JPY – Technical Analysis
USD/JPY is trading at 149.81, down 0.48% during the session, reflecting bearish sentiment as the pair hovers below its pivot point at 150.76. Immediate resistance is located at 152.00, with additional barriers at 153.36 and 154.73.
On the downside, support is at 148.83, followed by key levels at 147.72 and 146.67, marking critical zones for potential bearish extensions.
Technical indicators suggest bearish momentum in the near term. The RSI stands at 42, highlighting a lack of upward momentum and a tilt toward oversold conditions.
The 50-day EMA, positioned at 150.02, aligns with the pivot point, acting as a dynamic resistance level. Failure to reclaim the pivot point could reinforce downward pressure, increasing the likelihood of a retest of lower support levels at 148.83.
The broader trend appears influenced by Federal Reserve policy expectations and yen-specific fundamentals, including intervention risks.
A break below 150.427 supports a bearish outlook, targeting 148.806, with a stop-loss set at 151.429 for risk management. Conversely, a sustained recovery above 152.00 may signal a reversal, though current market conditions suggest limited upside potential.
Traders should monitor macroeconomic developments and market sentiment closely as the pair consolidates near critical levels. The immediate bias remains bearish, with short positions recommended below 150.427.
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USD/JPY Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Critical Pivot: USD/JPY must break above 153.418 to confirm bullish momentum toward 155.029.
- Support Levels: Immediate support at 150.438; a break below targets 149.105.
- Technical Indicators: RSI at 33 signals potential oversold conditions, while 50-day EMA at 153.927 caps gains.
USD/JPY is trading at 151.532, up 0.32%, as buyers maintain momentum following recent gains. The 4-hour chart shows immediate resistance at 155.029, with higher targets at 156.740.
A critical pivot point at 153.418 marks the threshold for a potential bullish extension. The 50-day EMA at 153.927 reinforces this resistance zone, suggesting that a sustained break above this level could open the door to further gains.
On the downside, immediate support is located at 150.438, followed by deeper levels at 149.105 and 147.816. The RSI at 33 suggests the pair is nearing oversold conditions, which may limit downside potential in the near term.
However, if USD/JPY falls below 152.105, bearish momentum could accelerate, targeting the support at 150.418.
Traders should remain cautious around the current levels. A sell position below 152.105 could offer opportunities with a take-profit target at 150.418 and a stop-loss at 153.421.
Conversely, a decisive break above the pivot at 153.418 would signal renewed bullish interest, pushing toward 155.029 and beyond.
USD/JPY - Trade Ideas
Entry Price – Sell Below 152.105
Take Profit – 150.418
Stop Loss – 153.421
Risk to Reward – 1: 1.2
Profit & Loss Per Standard Lot = +$1687/ -$1316
Profit & Loss Per Mini Lot = +$168/ -$131
USD/JPY Price Analysis – Nov 28, 2024
Daily Price Outlook
During the European trading session, the USD/JPY pair is seeing a modest rise as US dollar gained traction, supported by a slight increase in US Treasury bond yields.
However, the recent US economic data has shown that the economy remains resilient, with inflation progress slowing down.
This has led to expectations that the Federal Reserve might hold off on further rate cuts, which is boosting demand for the US Dollar. The uptick in bond yields is also helping the greenback gain strength, putting pressure on the lower-yielding Japanese Yen.
On top of this, a generally positive market sentiment is driving investors away from the safe-haven JPY, further supporting the USD/JPY's climb.
However, concerns about US President-elect Donald Trump’s tariff plans, geopolitical tensions like the ongoing Russia-Ukraine conflict, and speculation that the Bank of Japan (BoJ) might raise interest rates in December are providing some support for the Yen.
Traders are also staying cautious, awaiting Tokyo’s consumer inflation figures on Friday before making new moves.
Japanese Yen Strengthens on Inflation Data and BoJ Rate Hike Expectations, Pressuring USD/JPY
On the JPY front, Japan's Consumer Price Index (CPI) and steady corporate service inflation are giving confidence to Bank of Japan (BoJ) Governor Kazuo Ueda’s view that the economy is moving towards sustained, wage-driven inflation. This has kept the possibility of another interest rate hike by the BoJ in December on the table.
As a result, the Japanese Yen has strengthened, reaching a five-week high against the US Dollar on Wednesday. This rise in the Yen is also supported by concerns over trade wars, making the Yen a more attractive safe-haven currency during uncertain times.
Meanwhile, Japan's parliament has started an extraordinary session. Prime Minister Shigeru Ishiba's minority government is aiming to pass a supplementary budget to support households struggling with inflation.
The government is also working on revising laws related to political funds to address ongoing economic challenges.
Therefore, the strengthening Japanese Yen, fueled by BoJ's potential rate hike and trade war concerns, is weighing on the USD/JPY pair. This shift towards the Yen as a safe-haven currency has led to a pullback in the USD/JPY pair.
US Dollar Rebounds as Strong Economic Data and Inflation Concerns Support USD/JPY
On the US front, the broad-based US dollar is recovering from a two-week low, supported by a rise in US bond yields. This rebound follows strong economic data that highlighted the resilience of the US economy, including a solid labor market.
On the other hand, the Bureau of Economic Analysis reported that the US economy grew at a 2.8% annualized rate in the third quarter, in line with earlier estimates. Consumer spending also rose by 3.5%, the highest increase this year.
Moreover, the US Department of Labor revealed that new unemployment claims fell to 213,000 for the week ending November 22, down from 215,000 the previous week.
On the other hand, Durable Goods Orders increased by just 0.2% in October, missing the expected 0.5% rise and showing a slowdown compared to the previous month’s revised 0.4% decline.
Furthermore, the Personal Consumption Expenditures (PCE) Price Index, which is closely watched by the Federal Reserve, rose to 2.3% in October from 2.1% in September, while the core PCE also edged up to 2.8%.
Despite these data points, market expectations for a Fed rate cut in December remain, but growing inflation concerns from President Trump's policies are supporting the USD and pushing the USD/JPY pair higher.
USD/JPY – Technical Analysis
USD/JPY is trading at 151.532, up 0.32%, as buyers maintain momentum following recent gains. The 4-hour chart shows immediate resistance at 155.029, with higher targets at 156.740.
A critical pivot point at 153.418 marks the threshold for a potential bullish extension. The 50-day EMA at 153.927 reinforces this resistance zone, suggesting that a sustained break above this level could open the door to further gains.
On the downside, immediate support is located at 150.438, followed by deeper levels at 149.105 and 147.816. The RSI at 33 suggests the pair is nearing oversold conditions, which may limit downside potential in the near term.
However, if USD/JPY falls below 152.105, bearish momentum could accelerate, targeting the support at 150.418.
Traders should remain cautious around the current levels. A sell position below 152.105 could offer opportunities with a take-profit target at 150.418 and a stop-loss at 153.421.
Conversely, a decisive break above the pivot at 153.418 would signal renewed bullish interest, pushing toward 155.029 and beyond.
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USD/JPY Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Resistance Levels: Immediate at 156.56; next targets at 157.31.
- Support Levels: Immediate support at 154.11; additional levels at 153.29 and 152.62.
- Technical Indicators: RSI at 48 and 50 EMA at 154.87 indicate neutral momentum with a potential breakout on either side.
USD/JPY is trading at 155.08, down 0.22%, reflecting a modest pullback from recent highs. The pivot point at 155.86 is a critical level for bulls to reclaim in order to regain upward momentum. Immediate resistance stands at 156.56, followed by 157.31, while on the downside, support is seen at 154.11, with additional levels at 153.29 and 152.62 offering a cushion against deeper declines.
The 50-day EMA, currently at 154.87, aligns closely with the pair’s immediate support, reinforcing the importance of the 154.11 level. The RSI at 48 indicates neutral momentum, leaving room for either consolidation or a potential directional breakout based on upcoming market catalysts.
A break above the pivot point of 155.86 would signal bullish momentum, targeting resistance at 156.56 and 157.31. Conversely, a drop below immediate support at 154.11 could increase bearish pressure toward 153.29. Traders may consider an entry above 154.86, with a stop loss at 154.28 to mitigate downside risks. Profit targets can be set at 155.87 for a balanced risk-reward scenario.
In summary, USD/JPY is navigating a critical range, with near-term direction hinging on its ability to break above 155.86. Traders should monitor technical levels and market conditions closely for further cues.
USD/JPY - Trade Ideas
Entry Price – Buy Above 154.860
Take Profit – 155.877
Stop Loss – 154.278
Risk to Reward – 1: 1.7
Profit & Loss Per Standard Lot = +$1017/ -$582
Profit & Loss Per Mini Lot = +$101/ -$58
USD/JPY Price Analysis – Nov 21, 2024
Daily Price Outlook
During the European trading session, the USD/JPY pair struggled to reverse its downward trend, staying under pressure around 154.41 and hitting a low of 154.09.
The main driver behind this decline was the weakening US dollar, which lost momentum due to a positive shift in market sentiment.
However, the downtrend could be short-lived, as expectations grow that the Federal Reserve may take a less dovish stance in the coming months.
Moreover, the Japanese yen gained further strength as Bank of Japan Governor Kazuo Ueda refrained from commenting on immediate monetary policy but left the door open for a potential interest rate hike as early as next month.
This uncertainty, coupled with ongoing geopolitical tensions from the Russia-Ukraine conflict, continues to fuel demand for safe-haven assets like the yen, with fears of intervention playing a role. These factors together could keep the USD/JPY pair under pressure in the near term.
BoJ's Uncertainty and Geopolitical Risks Boost Safe-Haven Yen Demand
On the JPY front, Bank of Japan (BoJ) Governor Kazuo Ueda did not give any clear comments on the bank’s future monetary policy.
However, he did leave the door open for a possible interest rate hike as early as next month. This uncertainty about the BoJ's next move has kept investors on edge, especially since the central bank decides its policy based on the latest available data.
As a result, investors are now betting on a 50-50 chance that the BoJ will either raise rates by 25 basis points or keep them unchanged at its final policy meeting of the year on December 18-19. This has added to the pressure on the yen, with many seeing it as a safe-haven currency amid ongoing global risks.
In addition to the BoJ’s stance, persistent geopolitical tensions, particularly the worsening Russia-Ukraine conflict, are also supporting the yen. These risks make investors more likely to turn to safe-haven assets like the yen, increasing demand for the currency.
Meanwhile, reports suggest that Japan's government is considering an economic package worth ¥21.9 trillion to support the economy, which could have further effects on the yen's performance.
Therefore, the uncertainty around the Bank of Japan’s policy, along with ongoing geopolitical tensions, is likely to keep the yen in demand as a safe-haven currency. This could put further downward pressure on the USD/JPY pair, potentially pushing it lower.
USD/JPY – Technical Analysis
USD/JPY is trading at 155.08, down 0.22%, reflecting a modest pullback from recent highs. The pivot point at 155.86 is a critical level for bulls to reclaim in order to regain upward momentum.
Immediate resistance stands at 156.56, followed by 157.31, while on the downside, support is seen at 154.11, with additional levels at 153.29 and 152.62 offering a cushion against deeper declines.
The 50-day EMA, currently at 154.87, aligns closely with the pair’s immediate support, reinforcing the importance of the 154.11 level. The RSI at 48 indicates neutral momentum, leaving room for either consolidation or a potential directional breakout based on upcoming market catalysts.
A break above the pivot point of 155.86 would signal bullish momentum, targeting resistance at 156.56 and 157.31. Conversely, a drop below immediate support at 154.11 could increase bearish pressure toward 153.29.
Traders may consider an entry above 154.86, with a stop loss at 154.28 to mitigate downside risks. Profit targets can be set at 155.87 for a balanced risk-reward scenario.
In summary, USD/JPY is navigating a critical range, with near-term direction hinging on its ability to break above 155.86. Traders should monitor technical levels and market conditions closely for further cues.
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USD/JPY Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Bullish Momentum: Break above 1.618 Fibonacci level at 156.32.
- Overbought Signal: RSI near 70 suggests possible pullback.
- Support Zone: Immediate support lies at 155.43, reinforcing a bullish stance if maintained.
The USD/JPY pair is showing strong bullish momentum, currently trading around 155.87. The recent move upwards has been supported by a breakout past the 1.618 Fibonacci extension at 156.32, which now serves as a key level to watch.
The next significant resistance levels are at 157.31 and 158.01. A break above these could indicate further upward momentum, especially if the broader dollar strength persists.
On the support side, immediate levels to monitor are 155.43, followed by 154.50 and 154.18. The 50-period EMA at 153.58 continues to underline the bullish trend, as the price remains well above this indicator, suggesting sustained buying pressure.
The RSI sits at 69.44, nearing overbought territory, signaling that a short-term pullback could occur. However, as long as the price stays above the pivot at 155.43, the bullish outlook is likely to remain intact.
Given the technical landscape, a potential entry at 155.43 with a target around 156.71 appears favorable, aligning with the recent bullish trend. Caution is warranted near the overbought RSI, as a correction might bring prices back toward the immediate support zones.
The USD/JPY remains bullish above 155.43, with targets near 156.71. Overbought RSI suggests a watchful eye on potential pullbacks, though upward momentum is favored.
USD/JPY - Trade Ideas
Entry Price – Buy Limit 155.426
Take Profit – 156.710
Stop Loss – 154.283
Risk to Reward – 1: 1.12
Profit & Loss Per Standard Lot = +$1284/ -$1143
Profit & Loss Per Mini Lot = +$128/ -$114
USD/JPY Price Analysis – Nov 14, 2024
Daily Price Outlook
During the European trading session, the USD/JPY currency pair extended its upward momentum, staying strong around the 155.99 level and reaching an intraday high of 156.15.
This bullish movement can be largely attributed to the strengthening US dollar, supported by upbeat US economic data and the continuation of the so-called “Trump trade.” Meanwhile, the Japanese yen remains under pressure.
Despite Japan's Producer Price Index (PPI) rising at its fastest annual pace in over a year in October, uncertainty around Japan's political landscape has cast doubts on the Bank of Japan's (BoJ) intentions regarding rate hikes, which further weakened the yen and boosted the USD/JPY pair.
USD/JPY Rises as Weak Yen Faces Economic Challenges and Political Uncertainty
However, the rise in the USD/JPY came from the weaker Japanese yen, which is under pressure due to several factors. Despite Japan's Producer Price Index (PPI) rising at its fastest pace in over a year in October, the yen remains weak.
This is partly due to uncertainty surrounding Japan's political situation, which makes it harder to predict the Bank of Japan's (BoJ) rate-hike plans. Moreover, the concerns over the impact of potential trade tariffs from US President-elect Donald Trump on the Japanese economy are adding to the pressure on the yen.
In addition to this, there are concerns that Japan's government might step in to stop the yen from falling too much. However, given Japan's current economic challenges and the market situation, the USD/JPY pair is likely to keep rising. This is because the Bank of Japan is having a hard time deciding when to raise interest rates.
US Dollar Strengthens on Inflation Expectations and High Treasury Yields, Supporting USD/JPY
On the other hand, the US dollar is benefiting from expectations that the new US administration's policies will stimulate inflation, possibly causing the Federal Reserve to pause its interest rate cuts.
Furthermore, the US Consumer Price Index (CPI) data released on Wednesday showed slower progress in bringing inflation down, which may lead to fewer interest rate cuts next year.
This has kept US Treasury bond yields high, supporting the US dollar. On the data front, the October US Consumer Price Index (CPI) rose by 2.6% year-over-year, while the core CPI, excluding food and energy, increased by 3.3%, both matching forecasts.
Therefore, the strong US dollar, supported by expectations of inflation-driven policies and high Treasury yields, boosts the USD/JPY pair. The October US CPI data, showing a 2.6% annual rise and 3.3% core increase, reinforces the bullish outlook for the USD/JPY.
USD/JPY – Technical Analysis
The USD/JPY pair is showing strong bullish momentum, currently trading around 155.87. The recent move upwards has been supported by a breakout past the 1.618 Fibonacci extension at 156.32, which now serves as a key level to watch.
The next significant resistance levels are at 157.31 and 158.01. A break above these could indicate further upward momentum, especially if the broader dollar strength persists.
On the support side, immediate levels to monitor are 155.43, followed by 154.50 and 154.18. The 50-period EMA at 153.58 continues to underline the bullish trend, as the price remains well above this indicator, suggesting sustained buying pressure.
The RSI sits at 69.44, nearing overbought territory, signaling that a short-term pullback could occur. However, as long as the price stays above the pivot at 155.43, the bullish outlook is likely to remain intact.
Given the technical landscape, a potential entry at 155.43 with a target around 156.71 appears favorable, aligning with the recent bullish trend. Caution is warranted near the overbought RSI, as a correction might bring prices back toward the immediate support zones.
The USD/JPY remains bullish above 155.43, with targets near 156.71. Overbought RSI suggests a watchful eye on potential pullbacks, though upward momentum is favored.
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USD/JPY Price Analysis and Trade Forecast: Daily Trading Signal
Daily Price Outlook
- Pivot Pressure: Key pivot at ¥155.155; a breach may shift momentum.
- Support Zones: Immediate support at ¥153.907, with next support at ¥153.415.
- RSI Neutral: RSI at 49 reflects neutral sentiment, though a decline may trigger a bearish continuation.
USD/JPY is trading slightly lower at ¥154.053, displaying a bearish bias as it approaches a critical pivot point at ¥155.155. This level will serve as a key decision point for traders, with a potential reversal or further decline hinging on whether the pair can hold or breach this mark.
The immediate resistance stands at ¥155.557, followed by the next barriers at ¥155.984. A break above these levels would indicate a reversal back to bullish sentiment. However, with current momentum skewed to the downside, resistance appears unlikely to be tested unless the pair finds a solid footing above the pivot.
On the downside, USD/JPY has immediate support at ¥153.907, a level closely aligned with the 50-day Exponential Moving Average (EMA) of ¥153.307, which reinforces the pair’s lower boundary. Should this support level fail to hold, traders may see further declines towards ¥153.415 and then ¥153.008.
The Relative Strength Index (RSI) sits at 49, indicating neutral momentum. However, a reading near 50 suggests a potential shift is forthcoming; a dip below this could strengthen bearish sentiment.
In conclusion, USD/JPY remains vulnerable to further losses below the pivot level of ¥155.155. Traders may consider short positions below ¥154.245, aiming for a target near ¥153.425 with a stop loss at ¥154.935.
USD/JPY - Trade Ideas
Entry Price – Sell Below 154.245
Take Profit – 153.425
Stop Loss – 154.935
Risk to Reward – 1: 1.6
Profit & Loss Per Standard Lot = +$820/ -$705
Profit & Loss Per Mini Lot = +$82/ -$70