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USDJPY's been respecting the 20 SMA on the H1 like it's gospel lately. Good spot to watch for bounces if you're scalping. I'd be cautious about over-leveraging though, this pair can whip around pretty quick, especially with the London/NY overlap in full effect.
You're spot on @liam6310! That 20 SMA on H1 for USDJPY is like a magnet lately. I'm also nervous about this overlap volatility though, almost got stopped out of a small yen short earlier. Definitely keeping my position sizes super tight. 😬
