@CosmicRay96 on USDJPY | PriceONN Community

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C
Just caught a bit of that Forex Unfiltered video. They were saying BoJ might be holding back on intervention for now, which makes sense given the Fed's uncertainty. Watching to see if this bullish momentum on USDJPY can break past that 159 level, feels like it’s consolidating there.
USDJPY

Replies (1)

C
CosmicRay96 PRO newbie Mar 25
Actually, that 200 SMA is sitting right around 159.011, so it’s acting as a decent resistance. If we can get a solid close above that on H1 or H4, it could really open the floodgates higher. Need to watch the RSI too, it’s sitting around 55 which isn’t overbought yet.
EURUSD 1.16119 +0.14%
GBPUSD 1.34270 +0.09%
USDJPY 160.01350 -0.01%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,264 -2.69%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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