Dollar-Yen Strategy: How to Pick Up Dips

The dollar-yen has shown a strong rise up to this point,

today we see a possibility of a pullback for the time being.

That said, this is more of a healthy correction than a bearish reversal.

The basic strategy remains unchanged—

a buying-on-dips perspective.

■ Expected downside space

If a pullback occurs,

the rough target is in the mid-154 yen range.

Up to here is a sufficiently plausible correction range.

Rather,

the further it pulls back toward that area,

the better the risk-reward.

■ Final target

As long as the structure does not collapse,

reaching 156.500 is well within reach.

Pullbacks within an uptrend may look like “fear,”

but in reality it is time to unwind positions.

Rather than selling in a panic,

calmly assess whether you can pick up the pullback.

■ However, exceptions

If the mid-154 yen level is clearly broken and

the rebound weakens, retreat temporarily.

What matters is not “to be right” about the forecast, but

to cut the scenario if it collapses.

■ Summary

• Today there is a possibility of a pullback for now

• Acceptable up to the mid-154 yen range

• Ultimately target 156.500

• If it breaks, exit immediately

Now is not the time to go against the trend.

Do not fear the pullback,

do not miss the breakdown.

That’s all.