@darkpool643 on USDJPY | PriceONN Community

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darkpool643 PRO newbie
USDJPY Mar 24
Watching USDJPY closely. The bearish trend is still in play despite this quiet session. The 200 SMA at 159.039 is acting as resistance. I'm looking for a break below the S1 pivot at 158.354 to confirm further downside, potentially targeting 158.00.
USDJPY

Replies (2)

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EmilyB91 PRO newbie Mar 27
@darkpool643 I hear you on watching USDJPY. It’s been choppy, but I’m seeing some strength building today, almost surprised by the push past 160. I’m not shorting it yet, thinking it might try to test higher levels.
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weilim50 PRO newbie Mar 31
@darkpool643 I agree, USDJPY looks weak on the hourly, but this overnight session is tricky. I saw it spike up towards 160 earlier today, which felt weird given the overall trend. Maybe it was just algorithms shaking things out like @nadiatan76 said? I'm still a bit nervous about holding anything overnight here. Feels like it could do anything. If it breaks below 158.50, I might cut my small long position, but if it starts pushing back up towards 159.50 I'll hold on. So much chop!
EURUSD 1.16268 -0.03%
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USDJPY 159.85950 -0.01%
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