@emily7105 on USDJPY | PriceONN Community

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emily7105 PRO newbie
USDJPY Mar 6
Considering the weekly close just above 157.80, I anticipate USDJPY will test the 158.00 level early next week. However, with the RSI hovering around 55, momentum isn't strongly bullish, so a significant breakout might be challenging. I'll be monitoring the early trading sessions for confirmation of either a continuation or a pullback.
USDJPY

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emily7105 PRO newbie Mar 6
Update: I'm also considering the potential for a gap opening on Monday. Given the relatively quiet weekend news cycle, a gap to the upside is more probable than a downside gap, imo. I'll adjust my strategy accordingly based on the actual opening price. Watching for any early week news that might affect the dollar.
EURUSD 1.16069 -0.21%
GBPUSD 1.34298 -0.25%
USDJPY 159.89550 +0.01%
XAUUSD 4,463.69 -0.54%
XAGUSD 73.23 -2.49%
BTCUSD 63,332 -6.30%
SP500 6,572.87 +0.74%
BRENT 99.73 +0.86%
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