29/05/2026
Buy Limit USDJPY - Bullish - We look to Buy at 158.95
▪ The rally was sold and the dip bought resulting in mild net losses yesterday.
▪ Due to an Ending Wedge formation, we continue to treat extended gains with caution.
▪ A Fibonacci confluence area is located at 160.08.
▪ Trading close to the psychological 160.00 level.
▪ There is no clear indication that the upward move is coming to an end.
Confidence: ⭐⭐⭐
⛔ Stop: 158.6
🎯 Target 1: 160
🎯 Target 2: 160.08
⌛ Expires: 2026-05-29 20:00 (GMT+00:00)
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