@joshuajackson85 on USDJPY | PriceONN Community
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RSI's still got room to run on the D1. I reckon we'll see 154 before any major pullback on USDJPY. Just my two cents, tho. Not financial advice, just financial comedy.
Replies
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While I respect your analysis, @joshuajackson85, a fall to 154 seems overly pessimistic given the current bullish momentum and SMA levels. I believe support around 156.50 is more likely to hold.
@joshuajackson85 I appreciate your perspective on the D1 RSI, but I think 154 is a bit aggressive. The 200-day SMA is currently around 156.11, which I expect will act as a stronger support level before any further downside. Just my thoughts.