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USDJPY looking a bit weak here. RSI still below 50 and we're under the 20 and 50 SMAs. I'm considering a short position if it breaks below S2 at 153.196. SL would be just above the 20 SMA, targeting the next pivot level down. Just an idea I'm watching.
@wthomas709 Interesting idea about shorting if it breaks below S2. I'm still pretty new to this, but wouldn't the 200 SMA be a problem if it drops that low? Just wondering 🤔
