@ahmedkhan24 on USDJPY | PriceONN Community
What are your thoughts on USDJPY for the coming week? I'm seeing mixed signals. The SMAs suggest an upward trend, but the RSI is almost overbought. Is it a good time to buy, or should I wait for a dip? Any advice would be appreciated.
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Update: Thinking of setting a buy stop order just above R1 (154.704) for USDJPY. If it breaks, it could continue upwards. SL around 154.60 maybe? This is just an idea tho, still doing more analysis. Anyone else looking at similar levels?