Positive US talks are supporting the USD

4月29日

🔔🔔🔔USD/JPY news:

➡️ USD/JPY recovered to around 142.70 during the Asian session on Tuesday as positive risk sentiment undermined safe-haven assets such as the Japanese Yen while boosting the US Dollar. However, further gains appear limited amid weak trading conditions due to a holiday in Japan.

Personal opinion:
➡️ Positive news on tariff negotiations is emerging more and more, and the parties are also easing trade tensions. This is supportive for the USD and could cause USD/JPY to rise slightly in the coming time

➡️Analysis based on important resistance - support and Fibonacci levels combined with trend lines to come up with a suitable strategy

Personal plan:
🔆Price Zone Setup:

👉Sell USD/JPY 143.20 - 143.30
❌SL: 143.70 | ✅TP: 142.70 - 142.20

FM wishes you a successful trading day 💰💰💰

4月29日

交易开始

The plan is on track.

5月1日

交易结束：到达目标

touched 143.15 and dropped to 142.50
It's a shame that the 143.20 sell zone was not met. 5 pips short of entry
Anyway, the plan was pretty accurate