@jack5422 on USDJPY | PriceONN Community
USDJPY closed pretty flat on Friday, didn't it? 🤔 After all that volatility earlier in the week, it just kinda fizzled out. Makes you wonder if the market is just waiting for some new catalyst. I'm thinking we might see a gap open on Monday, considering everything happening... but which way?
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Update: Thinking about that flat close... It could also be a sign of exhaustion after the big moves this week. Maybe the market just needs a breather before deciding on its next direction. The geopolitical situation is definitely adding to the uncertainty. That news about Iran is a real wildcard. 💣 If that escalates, safe havens will probably get a boost, and USDJPY could take a hit. I'm keeping my positions small over the weekend, just in case. Better to be cautious than caught off guard. SL is in place, tight but reasonable. We'll see what Monday brings. 🙏