@JustinP84 on USDJPY | PriceONN Community

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J
JustinP84 PRO newbie
USDJPY Apr 3
Tried catching a falling knife on USDJPY yesterday around 159.20. Big mistake. Just held on and watched it keep dropping. Learned my lesson: don't try to be a hero and buy into strong downtrends. Patience is key, especially with this pair.
USDJPY

Replies (1)

J
JustinP84 PRO newbie Apr 3
Yeah, that 159.65 level is definitely a hurdle. If it can break through cleanly with good volume, might see a bigger move up. But if it stalls there like it did earlier, could be a good spot to take some profit or even consider a short if you're feeling brave. Always gotta watch those key levels.
EURUSD 1.16058 -0.21%
GBPUSD 1.34280 -0.26%
USDJPY 159.89650 +0.01%
XAUUSD 4,462.24 -0.57%
XAGUSD 73.20 -2.53%
BTCUSD 63,387 -6.22%
SP500 6,572.87 +0.74%
BRENT 99.71 +0.84%
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