@ChloeCarter on USDJPY | PriceONN Community
USDJPY's been pretty flat this week, hasn't it? With the weekend now here, I'm wondering what everyone's expecting for next week. Do you think we'll see a breakout above 156.20 or a drop below 155.80? Any thoughts on which way it might go? I'm still learning to read the signals.
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Update: Thinking about it more, that news about the US and Israel striking Iran is kinda worrying. Could that push USDJPY up as people look for safer options? I know it's not a direct correlation, but still. Maybe a small long position Monday morning, but with a tight stop loss just in case. I'm still not super confident in my analysis, so I'll probably just watch for the first few hours and see how the market reacts before making any real moves. What do you guys think about the news impact?
K
@ChloeCarter tbh, I'm kinda clueless too, lol. But I'm leaning bullish next week. Seems like it wants to push higher, but who knows 🤷♂️. Good luck!