US Session Strategy – January 16 for USDJPYUS Dollar/Japanese YenFX:USDJPYWaterEdgeFollowing the break below 158.3 on the H4 timeframe during the European session on January 16, the pair is likely to maintain its downside momentum toward the daily support zone around 157.3. Therefore, for the remainder of the final trading session of the week, the short-term strategy is to sell on rebounds into the 158.3–158.4 area, with stop loss and take profit set at ±30 pips from the entry level. The maximum holding time for the position is up to 10:00 PM (Vietnam time).