**Post on trading the currency pair USD/JPY with SUPL$ strategy**
**🎯 Trading opportunity: USD/JPY pair 📊**
🔹 **Current trend:**
The USD/JPY pair shows a strong upward movement with a breakout of a key resistance level at **158.50**, indicating a potential continuation of the upward trend on the daily timeframe.
**📌 Support and resistance levels (SUPL$):**
- **Resistance (SUP):** 160.00 (Psychological + Fibonacci level 61.8%)
- **Support (SUL):** 158.20 (Previous demand zone)
- **Stop Loss (SL):** 157.80 (Below support)
- **Take Profit (TP):** 159.80 (Before key resistance)
**⚡ Strategy:**
1. **Entry at:** 158.50 - 158.70 (After a rebound from support).
2. **Stop Loss:** 157.80 to protect capital.
3. **Profit targets:**
- **TP1:** 159.50 (Partial of the trade)
- **TP2:** 160.00 (Full closure)
**📢 Note:**
- The pair is affected by the risks of intervention by the Bank of Japan (BOJ), so be cautious of sudden volatility.
- Use appropriate capital management (no more than 2% of the balance).
**✅ Conclusion:**
The USD/JPY pair gives a buy signal with SUPL$ confirmation, but continuous monitoring is essential due to fundamental factors.
#Trading #Forex #USDJPY #SUPL$ #Risk_Management
---