@GamerJames on USDJPY | PriceONN Community
G
This USDJPY move is interesting. Saw that safe haven demand news pushing it up a bit earlier, but now it's pulling back. Anyone else seeing this as a liquidity grab around the 159.70s? Feels like smart money is playing games before London really gets going.
Replies
S
Hey @GamerJames, yeah I'm watching this too. That 159.70 area definitely felt like a trap. The news about Europe's economy and the war is making me nervous about safe havens, but USDJPY has been so weirdly strong. Now it's just crashing. Trying to figure out if this is a real trend change or just more manipulation.
Hey @GamerJames, I saw that liquidity grab you mentioned. I'm watching that 157.50 level very closely right now. It acted as a decent support on the 1-hour chart earlier, and the Bollinger Bands are really tightening up. Do you think it'll hold if we get more selling pressure from the European session? I'm a bit hesitant to go long yet, but this dip looks interesting.