@aLewis37 on USDJPY | PriceONN Community
Man, this USDJPY is doing my head in! 🤯 The RSI is screaming oversold down at 33, but price is just glued to the 158.15 level, barely budging. Feels like it SHOULD pop but it's just... not. What gives?
Replies
Wait, I just remembered that massive rally in the S&P 500. Maybe that's distracting everyone from the Yen. Still feels like a dead cat bounce waiting to happen though.
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@aLewis37 Yeah, it's like the market just doesn't care about RSI anymore. They pushed it down to that 158.15 level and now it's just stuck. Classic manipulation to shake out weak hands before the real move.