@owright646 on USDJPY | PriceONN Community

Well, managed to catch that little dip in USDJPY overnight. Saw the RSI heading towards 20 on the H1 and figured there was a decent chance for a short-term bounce. Set a tight SL just above the S1 pivot at 156.40. It bounced exactly off the S2 at 156.21, nice. Took profit around 156.50. Not a massive winner, maybe 30 pips, but it's better than sitting around in this sleepy market. Still watching the 200 SMA though, that's a big resistance level if we start to climb back up. For now, the bears seem to have control. Glad I wasn't asleep when it happened, lol. Time for some coffee to wake up properly.