@cwilliams561 on USDJPY | PriceONN Community
I'm currently assessing USDJPY's potential for a short-term bullish reversal. The RSI is hovering near oversold territory, and we're seeing some consolidation around the 50-day SMA. What are your thoughts on the likelihood of a bounce from this level, targeting the 155.50 resistance zone? Any insights on potential catalysts that could drive this move?