@AHarris27 on USDJPY | PriceONN Community

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AHarris27 PRO newbie
USDJPY Apr 7
Just put a small buy order in on USDJPY around 159.50, hoping it's not a dead cat bounce lol. Had a tip from someone on here. Feels a bit risky with the Middle East stuff going on, could this whole dollar rally be temporary if things get worse? Fingers crossed it holds.
USDJPY

Replies (1)

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AHarris27 PRO newbie Apr 7
Actually, I'm starting to get a bit worried about this USDJPY trade. It's not moving up like I hoped and that news about oil prices going up and potentially messing with US inflation is making me nervous about the dollar overall. If the dollar weakens, this pair could easily drop back below 159. My initial thought was that the yen weakness from that spending data would push it higher, but now I'm not so sure. Maybe I should have stayed away from this one. It just feels like there's so much going on and it's hard to tell which way is up, especially for us beginners. Honestly, this whole thing is making my head spin. Should I close this trade already or wait and see if it bounces back?
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
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XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
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