@mcarter66 on USDJPY | PriceONN Community

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M
Anyone else watching that 159.74 R1 pivot on USDJPY? Seems like a big level. Is it just me or does it feel like they are trying to push it above this for some reason, maybe to trigger some buy stops before the weekend?
USDJPY

Replies (2)

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mcarter66 PRO newbie Mar 26
Wait a minute, thinking about that 159.74 level on USDJPY more. It's like they are taunting us, right? Push it just above, make it look like it's breaking out, then BAM, pull the rug. Typical whale move to collect liquidity from the newbies. I bet they've got stops lined up all the way to 160.00. This whole market feels rigged sometimes, especially with these big forex pairs. You see the RSI looking strong, but then price just stalls at these key levels. It's frustrating because you want to believe in the technicals, but then these fake moves happen and you're left holding the bag.
E
ElizabethMartin17 PRO newbie Apr 1
@mcarter66 Yeah, I feel like that too! It's like they're playing games with the price right before the weekend. That 159.74 level looked important, but now it's just wavering.
EURUSD 1.16405 +0.08%
GBPUSD 1.34589 -0.03%
USDJPY 159.84650 -0.02%
XAUUSD 4,508.67 +0.47%
XAGUSD 74.50 -0.80%
BTCUSD 63,888 -5.48%
SP500 6,572.87 +0.74%
BRENT 97.80 -1.09%
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