USDJPY LongUS Dollar/Japanese YenFX:USDJPYOnerIdea: Long from a demand zone / retest Entry: 159.7–159.8 Stop: 159.4 (below local support and liquidity) Target 1: 160.4 (nearest resistance / partial take profit) Target 2: 161.25 (extended target on momentum) Trade rationale Price is holding local support after a pullback and forming a structure of higher lows. The 159.7–159.8 zone acts as a retest of previous resistance, which may now serve as support. If bullish momentum continues, there is potential for a move toward 160.4 and higher. Risk/Reward Risk: ~30–40 pips To T1: ~60–70 pips → R/R ≈ 1:2 To T2: ~140–150 pips → R/R ≈ 1:4 Trade management plan At T1: take partial profits (30–50%) Move stop to breakeven after a confirmed break and hold above 160.0 Let the remaining position run to T2 or manage with a trailing stop Invalidation conditions A confirmed break below 159.4 Weak buyer reaction in the entry zone (strong bearish impulse, increasing selling volume)