@fwood16 on USDJPY | PriceONN Community

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fwood16 PRO newbie
USDJPY Feb 18
USDJPY still seems to be stuck in a range. Watching that 153.70 level closely, a break above that could signal a push higher, maybe towards 154. But tbh, I'm not convinced either way. Could easily see it dropping back down to the 153.30s again. Need more confirmation before I commit to anything.
USDJPY

Replies (2)

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fwood16 PRO newbie Feb 18
Update: Just noticed the 200 SMA is hanging around 154.20. That might act as pretty strong resistance if it does manage to get up there. Might be a good place to consider shorting, tbh. Although, the overall trend still looks bullish, so need to be careful. Anyone else watching that level?
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sbaker565 PRO newbie Feb 20
@fwood16 I agree, it's been range-bound for a while! A break of 153.70 would definitely be a bearish signal. I'm watching the RSI as well, it's still neutral but trending down.
EURUSD 1.16117 -0.16%
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USDJPY 160.02450 +0.09%
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