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Next week, I'm expecting USDJPY to test that 153 level again. If it can break through, we might see a run towards 153.50. But if it fails, look out below. Could easily drop back down to 152.50 or even lower. Keeping my eye on the 20 SMA as well.
@OscarG25 That 153 level sounds like a really important one to watch next week. I'm still learning about SMAs, but I'll definitely keep an eye on the 20 SMA you mentioned. Fingers crossed it doesn't drop too low! It's all so exciting and a bit scary.
