@osmith624 on USDJPY | PriceONN Community
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Watching USDJPY closely here. The current consolidation around 159.40 reminds me a bit of the choppy action we saw back in Q4 last year before that sharp yen depreciation phase. The SMAs are still coiled, but RSI is holding above 60, suggesting some underlying strength. If we break above Bollinger resistance near 159.55, it might signal a repeat.