@oscarrogers10 on USDJPY | PriceONN Community
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USDJPY is currently testing the upper Bollinger Band, indicating potential short-term overbought conditions. A retracement towards the 20 SMA around 153.50 is plausible if momentum wanes. Monitor RSI divergence for confirmation of a potential reversal. Aggressive scalpers might consider short entries with tight stops above the recent high.