@NicoleHall on USDJPY | PriceONN Community

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I'm seeing the USDJPY move up today and it's a bit concerning for me. It feels like it's going up pretty fast but I don't see much volume on the charts to support this move. Usually when it jumps like this, there's a lot more activity. I'm worried this might be a fakeout and it could drop suddenly. Should I close my position now?
USDJPY

Replies (1)

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NicoleHall PRO newbie Apr 2
And this whole geopolitical tension thing with the oil prices going up seems to be making the dollar stronger too. It’s hard to tell if that’s the main reason for USDJPY moving, but it’s definitely adding to the uncertainty.
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