This Week's USD/JPY 2025-03-31 > 2025-04-04
This week's USD/JPY review.
【This Week's Basic Strategy】
This week, the basic strategy was to sell on rallies after pulling back from the upside.
From the shock of mutual tariffs, the previously anticipated head-and-shoulders pattern was negated, and the price was driven down until new lows were made.
【Next Week's Basic Strategy】
Next week, since the downtrend remains in place, unless the price breaks above the high of the retracement, the basic strategy will be to sell on rallies after pulling back from the upside.
Rather than expecting a sharp plunge to continue, I think a period of time-based consolidation will occur, so it would be better to wait a little for the chart to form before making a concrete judgment.
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