USD/JPY
The USDJPY pair is currently trading at 157.100, indicating a bullish trend. Traders have set take profit (TP) levels at 157.390, 157.90, and 158.590, expecting the pair to continue its upward movement. However, they've also implemented a stop-loss (SL) at 156.900 to mitigate potential losses in case the market moves against their positions. This strategy reflects a cautious yet optimistic approach, aiming to capitalize on potential gains while managing risks effectively in the volatile forex market