@manishjain39 on USDJPY | PriceONN Community
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USDJPY is currently showing strong bullish momentum, trading around 154.80. However, the RSI(14) is indicating an overbought condition at 77.6. It would be prudent to monitor for a potential pullback before considering new long positions. The 200-day SMA at 154.07 could act as a support level during any retracement.