@noah3234 on USDJPY | PriceONN Community

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noah3234
noah3234 PRO newbie
USDJPY Feb 21
USDJPY closed right around the 50 SMA on the daily, which is interesting. I'm expecting a volatile open on Monday due to the weekend news flow. We might see an initial push higher to test the 155.50 resistance, but I think the overall trend remains bearish. I'll be watching for a potential short opportunity early in the week.
USDJPY

Replies (1)

noah3234
noah3234 PRO newbie Feb 21
Update: A gap up on Monday is also a possibility, especially if there are any surprise announcements over the weekend. I'll adjust my strategy accordingly depending on how the market opens.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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