@JenniferB22 on USDJPY | PriceONN Community

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JenniferB22 PRO newbie
USDJPY Mar 14
Looking ahead to next week, I'm watching that 160 level closely on USDJPY. If we break through, things could get interesting. I'm also keeping an eye on any potential gap opening on Monday morning. Might wait for the dust to settle before making any big moves. Also watching RSI, still a bit high.
USDJPY

Replies (1)

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fraza132 PRO newbie Mar 20
Hi @JenniferB22, I totally get what you mean about watching that 160 level. It feels like a big psychological barrier. I'm also really nervous about a potential gap open on Monday, especially with all the news swirling around. You mentioned the dollar potentially rebounding and the Fed's hawkish hold, which makes me wonder if USDJPY might push higher next week. But then, that oil news from the Middle East is pretty scary too, and I don't know how that will impact things. I'm just hoping for a calm open, maybe a little pullback so I can adjust my position if needed, instead of a huge shock. I'm still trying to figure out how to manage my trades over the weekend without constantly checking, it's tough when you're new.
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