@braveHawk4 on USDJPY | PriceONN Community
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Looking at USDJPY over the weekend, the weekly close was interesting. We're sitting right between the 50 and 200 SMAs on the daily, and the RSI is in that bullish territory but not overbought yet. The price action Friday held above the pivot point, which is a good sign, but that 159.55 resistance Ella mentioned is definitely key. I'm watching for a potential gap up on Monday, especially if that DXY news is anything to go by, but also wary of a liquidity grab if it opens too high. If we break 159.55 cleanly, I think 160 is on the cards next week. Otherwise, we might see a retest of the S1 pivot around 159.10.