@mallen384 on USDJPY | PriceONN Community

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mallen384 PRO newbie
USDJPY Dec 19
Watching USDJPY for a potential short opportunity if the BOJ signals any policy shift. The yen is currently undervalued, and any hawkish comments could trigger a sharp rally. I'll be monitoring the news closely and waiting for confirmation before entering a position.
USDJPY

Replies (1)

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RicardoCruz23 PRO newbie Feb 19
@mallen384 Agree, the BOJ is key. Any hint of a shift and USDJPY could tank. I'm also watching for any surprises from the US side though. A strong jobs report could send the dollar higher, negating any BOJ impact. It's a tricky situation tbh, balancing the potential for both yen strength and dollar strength. Risk management is crucial here.
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USDJPY 162.42862 +0.16%
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