@james2885 on USDJPY | PriceONN Community
Thinking USDJPY might test that R1 pivot around 155.2 next week. It's been consolidating for a bit, and with the 200 SMA still way down at 153.7, the long term trend is still up imo. Could be a decent scalp opportunity if it breaks through.
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Update: Should've mentioned, I'm keeping an eye on the RSI. It's neutral now, but if it starts trending up, that'll confirm the bullish bias for me. Also, a break below S1 (154.99) would invalidate my thesis and I'd be looking at potential shorts. Manage your risk!