FX.co ★ remington.kihn | USD/JPY

Currently, as I anticipated, the quotes from the resistance at 156.80 are heading south, finding support from the moving average and the level at 156.15. I previously mentioned that I would try this long signal and described the conditions and targets. So here's the thing: I believe that the pair will move up from these supports, but the timing for this trade hasn't worked out. It's already evening, and I don't recommend leaving such a trade overnight. Therefore, my decision is simple: I will see in the morning how things develop, and if this scenario remains relevant, I will enter a long position. Have a good evening!