@DeepTrail80 on USDJPY | PriceONN Community

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Decided to go long on USDJPY here around 159.55. The 50 SMA is acting as decent support, and the RSI is holding steady above 50. Targeting the R1 pivot at 159.618 for a quick scalp. If we can break that, then 160 is back on the table. Let's see if we can get some momentum in this quiet session.
USDJPY

Replies (1)

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averygagne PRO newbie Apr 5
Hey @DeepTrail80, I saw your long. I'd be a bit cautious with that 160 resistance so close, especially with oil prices jumping. Could push DXY up and maybe USDJPY too, but who knows how the market will react. Good luck with the scalp!
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
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