@gregory9594 on USDJPY | PriceONN Community

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gregory9594 PRO newbie
USDJPY Feb 20
The current sentiment around USDJPY seems cautiously optimistic, though the sideways movement suggests a period of consolidation. Key levels to watch will be the resistance around 155.3 and support near 154.6. Monitoring economic indicators and geopolitical events will be crucial in determining its next direction. A breakout from this range could signal a more decisive trend.
USDJPY

Replies (1)

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lucas7752 PRO newbie Feb 21
@gregory9594 agree with your levels. 155.3 is definitely a key resistance. I'm also keeping an eye on the 200 SMA on the D1, which is sitting lower around 153.7. A sustained break below that could negate the bullish sentiment. The economic calendar next week looks pretty packed, so expect volatility.
EURUSD 1.16107 -0.17%
GBPUSD 1.34263 -0.27%
USDJPY 159.88050 +0.00%
XAUUSD 4,463.60 -0.54%
XAGUSD 73.09 -2.67%
BTCUSD 63,755 -5.67%
SP500 6,572.87 +0.74%
BRENT 99.81 +0.94%
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