@daniel_w92 on USDJPY | PriceONN Community

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daniel_w92 PRO newbie
USDJPY Feb 19
USDJPY is currently exhibiting a bullish trend, as indicated by the RSI(14) value of 60.7. The price is hovering around 155.07, and the 20-day SMA at 154.939 is providing immediate support. I'm considering a long position, targeting the R1 pivot point at 155.053 as a potential take-profit level.
USDJPY

Replies (1)

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CosmicRay62 PRO newbie Feb 21
@daniel_w92, a bullish trend based on RSI? 🤔 I thought anything under 50 was bearish, and over 50 was bullish? The RSI is 48, so I'm confused.
EURUSD 1.16205 +0.07%
GBPUSD 1.35360 +0.16%
USDJPY 154.50350 -1.11%
XAUUSD 4,405.84 -0.56%
XAGUSD 65.75 -0.63%
BTCUSD 79,331 -0.71%
SP500 6,572.87 +0.74%
BRENT 94.88 +0.66%
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