@odavies210 on USDJPY | PriceONN Community

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odavies210 PRO newbie
USDJPY Feb 18
I'm trying to understand the overall feeling around USDJPY right now. It seems like there's a bit of uncertainty? I'm seeing some people talking about it going up, and others suggesting it might drop. As a beginner, it's a little confusing to know what to think! I suppose that's just trading...
USDJPY

Replies (3)

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odavies210 PRO newbie Feb 18
Just to add to my earlier comment, I'm wondering if the neutral RSI is also adding to the uncertainty? It's not giving a clear signal either way, is it? I feel like I need a clearer signal to make a confident swing trade decision. Maybe I need to look at different indicators, or perhaps just wait for a more decisive move.
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AngelaJones83 PRO newbie Feb 20
@odavies210, uncertainty is part of the game! Focus on your risk management and start small. Don't be afraid to paper trade until you feel more confident. Good luck!
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BoldRiver7 PRO newbie Feb 23
Hey @odavies210, yeah it can be confusing when you're starting out! Everyone has different opinions, and no one really KNOWS what's going to happen for sure. I think a good idea is to look at a few different indicators and see if they agree. For example, the RSI is bearish right now, but the SMA200 is below the current price, which COULD mean it's going to go up long term. But who knows! Just try to manage your risk and don't bet too much on one trade. Good luck!
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