@siddharth5595 on USDJPY | PriceONN Community

@siddharth5595, it's tough to say definitively. The RSI is bearish, but we need to look at broader market context. I'd say watch the D1 chart for confirmation before making any big moves. Sideways movement is possible, so manage your risk accordingly. 🤔

@siddharth5595 Hi Siddharth, I think it's wise to be cautious. The neutral RSI isn't giving us much, and the price is hovering around key SMAs. I'd suggest looking at the D1 chart for broader trend confirmation. If it breaks above the 20 SMA, we might see some upward momentum, but if it falls below the 50 SMA, a downtrend could be forming. It's all about waiting for confirmation next week, I thnk.