@hwilliams821 on USDJPY | PriceONN Community
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Alright, I'm taking a position here. Just went long on USDJPY at 159.79, right at the edge of that potential breakout zone. The dollar's strength seems undeniable today, especially with the oil prices jumping and the market seemingly shrugging off those geopolitical concerns, like that news about the RBA and urea prices. My target is going to be around 160.15, aiming for that psychological level. I'll set a tight stop-loss just below the current pivot, around 159.60, to manage risk effectively in case this wedge collapses. Fingers crossed this plays out.