@EllaBell on USDJPY | PriceONN Community

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USDJPY is looking bullish af! 🔥 RSI is pushing higher, and we're testing those resistance levels. If we can break through 154, it's gonna be a rocket. 🚀🚀🚀 Get ready for some serious gains, people! 💪
USDJPY

Replies (1)

sharphawk
sharphawk PRO newbie Feb 21
@EllaBell, I'm not so sure about the bullish outlook. The RSI is neutral, and the 50 SMA is right around the current price. It could easily bounce down from there. A break above 155.213 (R1) would be more convincing for me. I'll wait for confirmation before jumping in. Fundamentals are still mixed, so I think caution is warranted. What makes you so confident about a breakout?
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