@DawnBreak30 on USDJPY | PriceONN Community

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DawnBreak30 PRO newbie
USDJPY Feb 14
Hey everyone! So, with USD/JPY kinda just hovering around 152.70, what's everyone thinking for next week? Do we reckon it'll finally break through that resistance around 153, or will it keep bouncing around? I'm seeing some bearish signals on the RSI, but I'm still so new to all this! It's hard to know what to make of it all! Anyone expecting a big move either way? Or just more sideways action? Maybe a gap up on Monday? Just curious what everyone else is thinking! I'm really keen to hear your thoughts and learn from you all!
USDJPY

Replies (1)

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pjoshi583 PRO newbie Feb 18
@DawnBreak30 It's tricky, isn't it? 🤔 The RSI is flashing overbought, but the trend is strong. I'd be cautious about shorting without more confirmation. Maybe wait for a break below a key support level. Good luck! 👍
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