USD/JPY hitting new highs! Is anyone else feeling a bit nervous about how high it's going? RSI is showing overbought, but the trend is still strong. What are your thoughts on a potential pullback soon?
@aryan_v56 I'm also a bit wary about how high USDJPY is going. RSI is definitely flashing some warning signs, but the trend is a beast. I wouldn't jump into a short position just yet without more confirmation. Maybe wait for a clear bearish candle on the H1 chart or a break below a key support level before considering a pullback trade. It could keep running for a bit longer before it corrects. Always good to be cautious!
