USDJPY still consolidating around the 153.20 level. 🤔 Neutral RSI is doing nothing to help make my mind up. Watching those SMAs closely for a potential breakout or breakdown. Patience is key, I reckon. 🧘♂️
@archiediver 153.20 was ages ago mate, you mean 157.80 maybe? ;) But yeah, neutral RSI on USDJPY is about as useful as a chocolate teapot. I'm keeping an eye on those Bollinger Bands myself, see if we get a squeeze and then a breakout. Might be worth a punt if it breaks convincingly above 158.00. See you monday!