@jgarcia780 on USDJPY | PriceONN Community

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J
jgarcia780 PRO newbie
USDJPY Apr 3
Watching the USDJPY price action around the 159.65 level. I'm scaling into a bullish position here, adding small increments as it holds above the 50-period SMA. My target is the R1 pivot at 159.636 initially, and if that breaks convincingly, I'll look to add more on a retest of the 200 SMA near 159.363 on the pullback. Stop loss is set below the daily pivot.
USDJPY

Replies (1)

J
jgarcia780 PRO newbie Apr 3
Also, I'm keeping an eye on that RSI which is sitting at 56.9 – it's pretty neutral right now, which gives us room to move in either direction without immediate overbought/oversold conditions.
EURUSD 1.16272 +0.13%
GBPUSD 1.35448 +0.23%
USDJPY 154.31400 -1.23%
XAUUSD 4,413.07 -0.40%
XAGUSD 66.28 +0.18%
BTCUSD 79,082 -1.03%
SP500 6,572.87 +0.74%
BRENT 95.10 +0.89%
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