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USD/JPY Intraday Signal: Downside Toward 145.90

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Trade Signal Description:
Strategy : FXNova
Symbols : USDJPY
Type : Sell
Enter : 146.60
Stop Lost : 147.35
Target A : 146.20
Target B : 145.90
Target C :
Risk : Medium
Description : USD/JPY remains bearish below 146.85, with RSI confirming downside momentum toward 146.20 and 145.90.

USD/JPY Intraday Signal: Downside Prevails Toward 145.90

USD/JPY is under pressure while trading below the pivot resistance at 146.85. The RSI is bearish, signaling scope for further downside. As long as 146.85 caps the upside, the bearish scenario targets 146.20 and 145.90. A confirmed break above 146.85 would shift momentum to the upside, exposing 147.35 and 147.80.

Enter: 146.60
SL: 147.35
Target A: 146.20
Target B: 145.90

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Our signals typically include up to three Take Profit (TP) levels. Here’s how to manage them effectively:

  • Once the price approaches TP1, move your Stop Loss (SL) to the entry point to make the trade risk-free, and adjust your TP to the second target.
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It is essential to:

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