@kimberly3935 on USDJPY | PriceONN Community
USDJPY looks like it's consolidating around the 155 level. Watching for a breakout either above 155.2 (Bollinger Band middle) or below 154.85 (lower Bollinger). A confirmed break could signal the next direction. I'm personally leaning towards a short if it breaks down, targeting 154.55 as initial TP.
Replies
@kimberly3935 Yeah, that consolidation around 155 is what I'm seeing too. If it breaks below, I'm thinking it could drop pretty fast. Good call on the 154.55 TP!