@CoolOak88 on USDJPY | PriceONN Community
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It's really tough trying to make sense of USDJPY right now. The RSI is showing bullish momentum, pushing up past 66, which usually means we're headed higher. But then you look at the SMAs and the Bollinger bands are quite tight, suggesting we're in a consolidation phase or even building up for a breakout in either direction. Makes you wonder which signal to trust more.