@MiaGamer on USDJPY | PriceONN Community

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M
Watching USDJPY closely during this London/NY overlap. That push above the 200 SMA at 159.01 feels significant, especially with the yen acting like a safe haven and geopolitical uncertainty still lingering. I think we might see a move towards the R1 pivot at 159.147, potentially higher if that Middle East de-escalation news solidifies and DXY continues to weaken. Cautious bullish bias here.
USDJPY

Replies (1)

M
MiaGamer PRO newbie Mar 25
On second thought, that RSI is creeping up towards 60, so definitely keeping a tight leash on any long positions. The news about recession odds rising is a bit concerning and could easily spook the market, making USDJPY reverse hard if risk sentiment flips. Will be watching the 159.30 area for potential rejection.
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