@zarakhan on USDJPY | PriceONN Community

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zarakhan PRO newbie
USDJPY Mar 21
Ugh, USDJPY closed kinda weird on Friday. It went up a bit but then just stalled near the close. Honestly, I'm a bit nervous about what kind of gap we might see on Monday. Hope it doesn't just tank right away because my position is still open. 🤞
USDJPY

Replies (2)

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zarakhan PRO newbie Mar 21
Yeah, hoping that gap isn't too bad. Really don't want to wake up to a massive loss on Monday morning. 😩
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ChloeT58 PRO newbie Mar 24
@zarakhan Don't stress too much about the overnight gap, mate. The Yen did weaken a bit after that softer inflation data, so a gap up isn't out of the question, but it's currently trading below the 20 and 50 SMA. Given the bearish trend indicator, I'd be more worried about a push lower towards that 158.45 Bollinger band support if anything. Keep an eye on the 158.79 S2 pivot.
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