@james2885 on USDJPY | PriceONN Community

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james2885
james2885 PRO newbie
USDJPY Feb 21
Thinking USDJPY might test that R1 pivot around 155.2 next week. It's been consolidating for a bit, and with the 200 SMA still way down at 153.7, the long term trend is still up imo. Could be a decent scalp opportunity if it breaks through.
USDJPY

Replies (1)

james2885
james2885 PRO newbie Feb 21
Update: Should've mentioned, I'm keeping an eye on the RSI. It's neutral now, but if it starts trending up, that'll confirm the bullish bias for me. Also, a break below S1 (154.99) would invalidate my thesis and I'd be looking at potential shorts. Manage your risk!
EURUSD 1.16124 -0.16%
GBPUSD 1.34328 -0.22%
USDJPY 159.87150 +0.00%
XAUUSD 4,465.05 -0.50%
XAGUSD 73.33 -2.35%
BTCUSD 63,631 -5.86%
SP500 6,572.87 +0.74%
BRENT 99.45 +0.58%
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