@jose9803 on USDJPY | PriceONN Community
J
I'm a bit concerned about the overall market volatility. USDJPY might be affected by broader economic trends. Pay attention to upcoming news releases and economic data. A risk-off sentiment could push the yen higher, so be prepared for a potential downside move. The RSI is neutral, which doesn't give much of a clue. Perhaps waiting for a clearer breakout above or below the Bollinger Bands might be a safer approach. I'm not sure if I should open any positions this week.