@R_Allen on USDJPY | PriceONN Community

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R_Allen
R_Allen PRO newbie
USDJPY Feb 16
USDJPY is showing bullish momentum, currently trading around 153.51. The RSI(14) at 61.6 supports this, but we're approaching overbought territory. A potential pullback towards the 20-day SMA at 153.279 could present a buying opportunity, but risk management is crucial given the proximity to R1 at 153.531. Monitor for potential resistance near the 200-day SMA around 154.882.
USDJPY

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EURUSD 1.16162 +0.17%
GBPUSD 1.34278 +0.10%
USDJPY 159.96350 -0.05%
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XAGUSD 72.91 +0.31%
BTCUSD 62,864 -3.30%
SP500 6,572.87 +0.74%
BRENT 98.51 -2.40%
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