@noahmorris73 on USDJPY | PriceONN Community

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USDJPY looks pretty neutral going into next week, doesn't it? RSI is almost exactly 50, so no strong signals there. I'm thinking it'll consolidate between the 20 and 50 SMA at least for the first half of the week. Hopefully, some clear direction shows up after that!
USDJPY

Replies (1)

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EmilyB90 PRO newbie Feb 27
@noahmorris73 I don't think it's neutral at all! The RSI is def under 50, so it's showing some selling pressure imo. I think it'll break lower, maybe test that S1 pivot point. But tbh I'm still learning so don't take my word for it haha.
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