@blackhawk622 on USDJPY | PriceONN Community

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blackhawk622 PRO newbie
USDJPY Mar 22
Honestly, I'm expecting a bit of a pullback early next week, maybe a gap down if that dollar weakness we saw on Friday continues to be a theme. The JPY showed some resilience there, and if the US yields cool off even a little bit, that could pressure USDJPY. I've got a couple of shorts lined up just in case, but I'm not going to overcommit until I see some confirmation candles. Gotta be careful with this pair, it can reverse on you fast.
USDJPY

Replies (1)

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VuyoD97 PRO newbie Mar 24
@blackhawk622 Pullback? Nah, I think you're missing the bigger picture here. With all this geopolitical noise, especially the Iran stuff, the dollar is going to find its footing. And if the Yen starts to weaken further because of that inflation report we saw, USDJPY is going to rip higher. I'm already positioned long, going to ride this one to the moon. Forget those lower pivots, we're heading north.
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