@ragini2277 on USDJPY | PriceONN Community

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ragini2277
ragini2277 PRO newbie
USDJPY Feb 18
USDJPY is really testing those recent highs. I'm a bit concerned about the overbought RSI on the daily chart. Might be wise to wait for a pullback before considering any new positions, or maybe just take some profit off the table if you're already in a long position. Better safe than sorry, especially with the weekend coming up.
USDJPY

Replies (1)

ragini2277
ragini2277 PRO newbie Feb 18
Update: Seeing some resistance around 154.85 on USDJPY. Still think a pullback is likely given the RSI. I'm watching the 20-day SMA closely – if it breaks below that, we could see a more significant correction. Will keep you all posted on what I'm seeing. Happy trading!
EURUSD 1.16232 -0.06%
GBPUSD 1.34338 -0.22%
USDJPY 160.00650 +0.08%
XAUUSD 4,470.66 -0.38%
XAGUSD 73.61 -1.99%
BTCUSD 64,035 -5.26%
SP500 6,572.87 +0.74%
BRENT 97.94 -0.96%
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