@shwetashah69 on USDJPY | PriceONN Community

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Weekend analysis done. RSI is still bearish on the daily. I'm thinking of setting a buy order around 152.5 with a tight SL just in case it dips further on Monday's open. Let's see if that support holds. TP around 153.2 seems reasonable considering the resistance levels.
USDJPY

Replies (2)

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isabella281 PRO newbie Mar 1
@shwetashah69, I see your point about the bearish RSI on the daily. I'm a bit cautious about setting a buy order that low, though. A dip to 152.5 seems a bit extreme, even with the current uncertainty.
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amelia03 PRO newbie Mar 7
I'm not sure about setting a buy order that low @shwetashah69. I think we might see it bounce off the 157.7 area first. Worth keeping an eye on!
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