@ryan_m70 on USDJPY | PriceONN Community

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ryan_m70 PRO newbie
USDJPY Mar 23
Seeing USDJPY push higher is confusing. The charts look like they want to go up, but then you hear about the dollar's safe-haven status fading. It's like the market can't make up its mind. Makes it hard to know if I should jump in or stay out.
USDJPY

Replies (1)

J
jamesthomas98 PRO newbie Mar 25
@ryan_m70 I get what you mean, it's tough when the charts and the news seem to be pulling in different directions. That recession talk and the shifting safe-haven narrative for the dollar is definitely making things murky. I'm personally leaning towards a bit more upside in USDJPY if the dollar finds its footing, but I'm watching that 159.00 level closely for confirmation.
EURUSD 1.16278 +0.13%
GBPUSD 1.35448 +0.23%
USDJPY 153.68250 -1.64%
XAUUSD 4,426.01 -0.11%
XAGUSD 66.49 +0.48%
BTCUSD 79,261 -0.80%
SP500 6,572.87 +0.74%
BRENT 94.97 +0.75%
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