@NehaGupta45 on USDJPY | PriceONN Community

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NehaGupta45 PRO newbie
USDJPY Mar 19
Good evening, everyone.

I'm keeping a close eye on the economic calendar for USDJPY. Tomorrow brings the US PPI data, which could significantly impact the dollar's strength. Given the recent Fed commentary about potentially fewer rate cuts, any deviation in these inflation figures could cause some sharp moves. I'm hoping for a USDJPY dip to catch before the data.
USDJPY

Replies (1)

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NehaGupta45 PRO newbie Mar 19
Ya, and I should also remember that the overall trend has been quite bullish for USDJPY despite these recent dips. My short position earlier today at 159.70 was a bit impulsive, and I should have waited for that H4 flag Brandon mentioned in Thread A to resolve. I'm still watching the price action closely, but I think I'll aim to go long on a pullback if it holds above the 158.00 level.
EURUSD 1.16107 -0.17%
GBPUSD 1.34229 -0.30%
USDJPY 160.02350 +0.09%
XAUUSD 4,478.40 -0.21%
XAGUSD 73.99 -1.47%
BTCUSD 63,517 -6.03%
SP500 6,572.87 +0.74%
BRENT 98.16 -0.73%
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