@sAllen18 on USDJPY | PriceONN Community

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S
Is anyone else nervous about USDJPY? It's been all over the place lately. I'm seeing mixed signals and I'm not sure which way it's going to break. I think I'll just sit on the sidelines for now and wait for a clearer trend.
USDJPY

Replies (2)

S
sAllen18 PRO newbie Feb 26
Okay, maybe scratch that short idea. It's bouncing off the pivot point at 155.992. I'm so confused. Maybe I should just stick to collecting coins. This is too stressful. Someone tell me what to do lol.
S
sAllen18 PRO newbie Feb 26
Update: I'm still watching it and it's still choppy. It keeps bumping around the 156 level. The SMA 20 and 50 are basically right on top of each other. I'm wondering if it's going to test that 200 SMA down at 154.794. That seems like a long way down though. I'm thinking maybe a small short position if it breaks below 155.90? SL around 156.20?
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