@WarmFern38 on USDJPY | PriceONN Community

Friday's close on USDJPY was rather interesting. Although it closed bullish, the RSI is still hovering around neutral territory, which suggests there might not be enough momentum to sustain a significant upward move. I am wondering if we will see a retracement early next week. The Bollinger Bands indicate a squeeze too, so a breakout is likely. I'll be watching closely for confirmation before making any major decisions. Perhaps a small long position to test the waters?