@kdevi84 on USDJPY | PriceONN Community
Just entered a long position on USDJPY at 157.88. I'm targeting 158.50, with a stop loss at 157.50. The 200 SMA on the H4 chart seems to be acting as a decent support, and RSI is showing signs of recovery from oversold territory. I'm hoping the pair will bounce back towards the pivot point at 158.26. Let's see what happens... I'm keeping a close eye on it, especially with the market sentiment still a bit shaky after the news about central banks.