@daniel96 on USDJPY | PriceONN Community

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daniel96
USDJPY showing some strength, but I'm still cautious given global uncertainties. The 200 SMA around 154.90 could act as resistance. I'll be watching closely for a potential pullback before considering any further long positions. Risk management is key.
USDJPY

Replies (2)

A
anjalireddy18 PRO newbie Feb 19
@daniel96 Agree with the caution. 200 SMA is a key level to watch. But the overall trend is still up. A pullback to the 154.50 level could be a buying opportunity. Risk management is definitely important.
K
kevingarcia20 PRO newbie Feb 27
@daniel96 Agree on the caution. Global uncertainties are definitely weighing on risk sentiment. I'm watching the D1 chart for confirmation of a break below the 200 SMA; could signal a deeper correction.
EURUSD 1.16377 +0.06%
GBPUSD 1.34493 -0.10%
USDJPY 159.86150 -0.01%
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BTCUSD 64,112 -5.15%
SP500 6,572.87 +0.74%
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