@SophiaTaylor on USDJPY | PriceONN Community

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USDJPY is looking pretty bullish to me, but I'm a bit cautious with the 200 SMA hanging around 154.256. I'm thinking it might be a good idea to wait for a clear break above that level before adding to my position. Still holding from lower though, so happy to ride it up for now. Anyone else eyeing that resistance?
USDJPY

Replies (1)

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coffee37 PRO newbie Feb 21
@SophiaTaylor Yeah, I'm also watching that 200 SMA! It's a key level for sure. I agree, waiting for a clear break is a smart move. I'm thinking the same thing. Might even set an alert around 155.20 to see if it gets triggered next week. Good luck with your long position!
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