@danieldavis15 on USDJPY | PriceONN Community

Market sentiment is definitely risk-on right now, pushing USDJPY higher. However, I'm cautious about chasing the rally at these levels. Economic data releases this week could easily change the narrative. Geopolitical tensions are another factor to consider. A lot of traders seem overly optimistic, which often precedes a pullback. I'm waiting for a clearer signal, either a confirmed breakout above 155.7 or a breakdown below 155.0. Patience is key in this environment. Don't get caught up in the hype.