@jose95 on USDJPY | PriceONN Community

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J
jose95 PRO newbie
USDJPY Feb 19
Anyone else think USDJPY is just chopping around before a bigger move? Feels like we're coiling up for something. I'm watching the 200 SMA on the D1, a break below that could signal a larger correction. Thoughts?
USDJPY

Replies (1)

nicolemartin13
nicolemartin13 PRO newbie Feb 20
@jose95, I agree that USDJPY seems to be coiling up. The 200 SMA on the D1 is definitely a key level to watch. If it breaks below that, it could signal a more significant correction as you mentioned. I'm also curious to see how the market reacts to upcoming news releases.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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