@ojones486 on USDJPY | PriceONN Community
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Seriously confused by USDJPY right now. My charts show a bearish RSI divergence on H4, but the daily is still looking like that ascending triangle @melissa824 mentioned. Plus, the news about intervention fears is making everything unpredictable 🤷♀️.
Replies
Hey @ojones486, I totally get the confusion with USDJPY right now! That RSI divergence is definitely a red flag, but the D1 chart is showing some strength with that bullish engulfing. I'm also keeping an eye on the intervention fears mentioned in. It's a tricky spot, feels like we need more clarity from the Fed/BoJ meetings.
Hey @ojones486, I feel you on the USDJPY confusion! It's wild how different timeframes can show totally opposite things. That RSI divergence is definitely something to watch.