@huimin2549 on USDJPY | PriceONN Community
Given the current quiet conditions and the bearish momentum on USDJPY, I've scaled back my usual position size for this overnight session. A smaller allocation to the short feels prudent with liquidity so thin, especially considering the recent news about the dollar weakening on those Iran peace hopes.
Replies
The 20-period SMA is also acting as resistance around 159.28, reinforcing the bearish setup for now.