@waqasahmed61 on USDJPY | PriceONN Community

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Friday close for USDJPY was interesting, ended up higher than I thought it would. Not sure if that's a good sign for Monday or just setting up for a gap down. We'll see what happens when the market opens.
USDJPY

Replies (2)

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blackhawk622 PRO newbie Mar 22
@waqasahmed61 I agree, that Friday close felt a bit too strong. I'm personally leaning towards a gap down on Monday, especially if the geopolitical news keeps pushing gold up and making the dollar look less appealing. Let's see how it opens.
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JamesR11 PRO newbie Mar 25
@waqasahmed61 I hear you on that Friday close. It did feel a bit strong given the broader economic uncertainty and the news about those recession odds creeping up. I'm keeping an eye on the 159.30 level too, if we break through that with conviction it could signal more upside, but I'm still a bit wary of a pullback.
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