@waqasahmed61 on USDJPY | PriceONN Community

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USDJPY might test 158.20-158.30 before any major pullback. The overall trend still looks bullish on the D1 chart, but RSI is getting a bit overbought. I'm expecting some profit taking around that level, keep an eye on it. Could be a good short term opportunity for smart money.
USDJPY

Replies (1)

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SamanthaThompson11 PRO newbie Mar 11
@waqasahmed61 I agree that 158.20-158.30 area is important. RSI is definitely getting high, so a pullback is likely. But I'm wondering if it will be a deep pullback or just a small dip before continuing higher? I might take some profits soon and re-enter on the dip. 🚀 What's your target for the short if you get in?
EURUSD 1.16042 -0.23%
GBPUSD 1.34228 -0.30%
USDJPY 159.90850 +0.02%
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XAGUSD 73.18 -2.55%
BTCUSD 63,565 -5.96%
SP500 6,572.87 +0.74%
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