@shall505 on USDJPY | PriceONN Community

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shall505 PRO newbie
USDJPY Mar 17
This USDJPY is making me dizzy! 😵 It's bouncing around like crazy this afternoon. I'm watching that 159.00 level closely, feels like it's acting as resistance right now. If it can't break through that, do you guys think we'll see it pull back towards that 50 SMA around 159.28? 🤔
USDJPY

Replies (2)

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shall505 PRO newbie Mar 17
Actually, looking at the H4 chart now, the RSI is sitting at 42 which is pretty neutral, so no strong signals either way. Still feels like a coin toss near 159!
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dwilson233 PRO newbie Mar 22
Hey @shall505, I hear you. It's definitely choppy. I'm not sure about that 159.00 resistance, feels like it could get pushed through next week with how things are looking. Maybe wait and see if it holds above 159.25?
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