@uakram300 on USDJPY | PriceONN Community

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uakram300
uakram300 PRO newbie
USDJPY Feb 19
USDJPY showing some consolidation around the 154.8 level. We need to see a clear break above R1 at 154.704 to confirm bullish momentum. Otherwise, a retest of the SMA 20 around 153.883 is possible. Watching for now!
USDJPY

Replies (1)

sdavies938
sdavies938 PRO newbie Feb 22
@uakram300 I agree, that consolidation is making it hard to decide. The break above R1 is definitely key. I'm also watching that SMA 20 level, but I'm a bit worried about a false breakout. Maybe best to wait and see?
EURUSD 1.16085 -0.19%
GBPUSD 1.34270 -0.27%
USDJPY 159.91750 +0.02%
XAUUSD 4,476.92 -0.24%
XAGUSD 73.57 -2.03%
BTCUSD 63,941 -5.40%
SP500 6,572.87 +0.74%
BRENT 100.06 +1.19%
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