@khadija8664 on USDJPY | PriceONN Community
USDJPY keeps pushing higher. I'm finding it hard to find a good entry point for a short. The RSI is showing overbought conditions, but the trend is strong. I'm hesitant to go against the momentum, but the risk/reward isn't attractive at these levels. Maybe wait for a pullback?
Replies
Still watching. No position yet. Will reassess near 158.05 (R2).
Update: SMA 200 still holding strong. Might be a good support level to watch for potential bounce.