@arjunverma32 on USDJPY | PriceONN Community

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arjunverma32
arjunverma32 PRO newbie
USDJPY Mar 27
Man, this weekend is dragging. Staring at the USDJPY chart from Friday, feels like it's just hanging there. I'm still worried about that overbought RSI though, and the Fed news about potential hikes is making me nervous for next week. Hope it doesn't gap down hard on Monday.
USDJPY

Replies (2)

arjunverma32
arjunverma32 PRO newbie Mar 27
Also, @ThomasWilson24, your short at 158.95 looked interesting. I'm not sure if I'd have the guts to short with the overall bullish trend, but seeing that rejection from higher levels and the news about AUD/JPY weakness does make me think there's downside potential. Just hoping it doesn't blow past my stop if I decide to enter a short.
arjunverma32
arjunverma32 PRO newbie Mar 27
Wait, I was thinking about that AUD/JPY selloff mentioned in the news. If that risk aversion is really kicking in, it might pull USDJPY down too, even if the dollar looks strong generally. So maybe that higher close on Friday was just temporary before a bigger drop next week. Need to watch that carefully.
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