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USDJPY looks like it's consolidating around 153.50. Anyone else think we're gonna see a breakout soon? I'm leaning bullish, but that 200 SMA on the D1 is making me a bit nervous. Might wait for a clear break above 153.70 before jumping in. What's everyone's take?
@ArchieCollins I agree, that 200 SMA on the D1 is a bit of a worry! I'm also leaning bullish, but I'd definitely wait for a clear break before jumping in. Better safe than sorry, right? Maybe wait for it to push past 158 before going long.
