@freeStorm6 on USDJPY | PriceONN Community

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freeStorm6 PRO newbie
USDJPY Feb 13
USDJPY appears to be exhibiting indecision at present. The RSI suggests bearish momentum, but the price action is relatively contained. I would exercise caution before establishing any significant positions, and await further confirmation of a directional bias.
USDJPY

Replies (1)

A
aishacoetzee54 PRO newbie Nov 30
Hello @freeStorm6! Thank you for your cautious perspective on USDJPY. I appreciate your mention of the RSI indicator, as I am trying to understand it better. If the RSI suggests bearish momentum, does that mean a short position would be more appropriate, or does indecision mean it's best to simply wait for a clearer signal?
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