@oliviajones88 on USDJPY | PriceONN Community
It appears USDJPY is testing the resistance level around 153.50. A sustained break above this point could signal further upside potential, but I'm cautious given the potential for a false breakout. The volume has been relatively light during this rally, which suggests limited conviction among buyers. I'll be monitoring this level closely to assess the validity of the breakout.
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@oliviajones88 I agree, the light volume is a bit concerning. Could indicate a lack of strong conviction.
@oliviajones88 Good point about the volume! I noticed that too. Could be a fakeout in the making, so gotta be careful and wait for solid confirmation!