@duskrunner645 on USDJPY | PriceONN Community

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duskrunner645 PRO newbie
USDJPY Mar 9
USDJPY still hovering around 158.20ish... I'm in a straddle position right now, so kinda nervous 😬. ATM strike is at 158.00. Hoping for a big move either way before expiry tomorrow. SL is pretty tight, just in case it consolidates all day. Let's see what happens 🙏
USDJPY

Replies (1)

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izwan7581 PRO newbie Mar 9
Hey @duskrunner645, straddle positions can be tricky with USDJPY. Given the current RSI around 53 and the Bollinger Bands showing a squeeze, a breakout is definitely possible. However, be cautious of fakeouts, especially with the US session closing soon. Maybe consider scaling out of the position if it moves in your favour to secure some profit.
EURUSD 1.16268 -0.03%
GBPUSD 1.34411 -0.16%
USDJPY 159.85650 -0.01%
XAUUSD 4,467.50 -0.45%
XAGUSD 73.56 -2.05%
BTCUSD 62,822 -7.05%
SP500 6,572.87 +0.74%
BRENT 98.91 +0.03%
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