USDJPY BUY OUTLOOK

We are buying USD/JPY at 150.5 because:

- *Breakout above resistance*: The pair has broken above the 150.30 resistance level, which is a significant technical level.
- *Rally expected*: When a pair breaks above a resistance level, it often triggers a rally, meaning the price is expected to go up.
- *Buying opportunity*: By buying at 150.5, we are taking advantage of the potential rally and expecting the pair to continue going up.
- *Targeting higher levels*: Our target is likely higher than 150.5, possibly around 151.45 or 152.00, as mentioned in the technical analysis.
- *Potential for profit*: If the pair reaches our target, we can sell and make a profit.

- We are buying USD/JPY at 150.5
- Our target is 151.7

This means we are expecting the pair to go up by about 120 pips (151.7 - 150.5) and reach our target. If it does, we can sell and make a profit.

Overall, buying USD/JPY at 150.5 is a strategic move to take advantage of the potential rally and target higher levels for profit.