@jackkelly50 on USDJPY | PriceONN Community
USDJPY showing consolidation near the 153.70 level. A potential breakout above R1 at 153.874 could signal further upside, targeting the 154.00 psychological level. However, failure to break above this resistance might lead to a retest of the 153.60 support area. Prudent risk management is advised.
Replies
I agree with @jackkelly50 that 154.00 is a key level to watch. A solid break above that could open the door for a move towards 154.20, but I'm still cautious given the overall market uncertainty. Gotta protect your capital!