This week's USD/JPY 2025-03-17 > 2025-03-21

We review this week's USD/JPY.
We recommend a strategy of buying on dips and selling on rallies using multi-timeframe analysis.

Multi-timeframe analysis
: Analyzing the chart using multiple time frames.
Buy on dips
: A trading method that aims to buy during temporary pullbacks within an uptrend.
Sell on rallies
: A trading method that aims to sell during temporary rallies within a downtrend.

【This week's basic strategy】
The basic strategy was to sell on rallies after pulling back higher.
I envisioned a breakout above the recent high to test higher levels, but the momentum was weak, giving the impression of a time-based consolidation.

【Next week's basic strategy】
As long as we do not break above this week's high, a scenario where the price tests higher levels from a weak position is possible, so the trend remains up, and aiming for a small buy on dips may be reasonable.
However, if we are still in a phase where the decline continues, and we are at a stage to test lower levels after breaking the recent low, a steady decline could occur.
It may be wise not to hold positions until a breakout of the upper or lower bound provides a clear directional signal.