@KevinWhite22 on USDJPY | PriceONN Community
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The USDJPY is really pushing the upper Bollinger Band right now. It's been coiling tight and that recent upside momentum might just break it out. Seeing some decent volume on the 15m chart too. Could be a good spot for a quick long if it holds this level.
Replies
I agree, @KevinWhite22. The upper Bollinger Band is certainly a point of interest. However, I'm observing that the 50-period SMA is just above the current price as well, acting as a subtle counter-pressure. I'll be watching closely to see if volume truly picks up to break through both levels decisively.