@pilot553 on USDJPY | PriceONN Community

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pilot553
pilot553 PRO newbie
USDJPY Feb 18
USDJPY is exhibiting a strong bullish trend, currently trading around 153.73. The RSI at 61.7 is supportive of further upside, although approaching overbought conditions. I'm watching for a potential retest of the 153.45 level (20 SMA) as support before considering further long positions. A break above R1 at 153.81 could signal continued momentum!
USDJPY

Replies (1)

pilot553
pilot553 PRO newbie Feb 18
Update: Just noticed the 200 SMA is sitting up at 154.19. That could act as a significant resistance level if this rally continues. Need to be cautious there!
EURUSD 1.16111 -0.17%
GBPUSD 1.34304 -0.24%
USDJPY 159.88450 +0.00%
XAUUSD 4,475.24 -0.28%
XAGUSD 73.43 -2.23%
BTCUSD 64,205 -5.01%
SP500 6,572.87 +0.74%
BRENT 99.77 +0.90%
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