@divya8670 on USDJPY | PriceONN Community

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Did a quick look at the USDJPY chart this weekend. Seems like it's stuck between 152.5 and 153. I'm still learning to read the indicators properly. The RSI looks kinda bearish but I'm not sure if it's a strong signal. Hoping for a clearer direction next week!
USDJPY

Replies (1)

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divya8670 PRO newbie Feb 15
Update: I was also looking at the Bollinger Bands on the D1 chart. The price is near the lower band, which might mean it's oversold? But I'm also worried about a potential gap down on Monday morning, especially with the weekend news. Should I close my small buy position now to avoid the risk, or hold and hope for a bounce? I only risked a tiny amount so maybe just wait and see... what do you guys thnk?
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USDJPY 159.89550 +0.01%
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