@OliverWright on USDJPY | PriceONN Community

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OliverWright PRO newbie
USDJPY Feb 14
USDJPY's been pretty boring this week, tbh. Sideways action is killing me. Anyone got any strong feelings about where it's headed next week? Think we'll finally see a breakout, or just more of the same? I'm itching to make a move, but don't want to jump the gun.
USDJPY

Replies (1)

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michaelsmith81 PRO newbie Feb 20
@OliverWright I feel your pain, man. This sideways action is tough. But I think we might see a breakout soon. The SMAs are all pointing up, and we're consolidating near the highs. I'm waiting for a clear break above 155.30. If we get that, I'm going long with a tight SL. But yeah, patience is key. Don't force it. Maybe look at other pairs in the meantime? Or just take a break from the charts altogether. Sometimes that helps me clear my head. Good luck!
EURUSD 1.16205 +0.07%
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USDJPY 154.50350 -1.11%
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