@shall505 on USDJPY | PriceONN Community

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Right, so I'm looking at USDJPY and I'm seeing the 200 SMA is way up at 154.30. Does that mean it's gonna be hard for it to go higher? 🤔 I'm trying to understand how much weight to give to these things. Like, the RSI is kinda bullish, but the SMA is acting like a big wall? 🧱 I'm also wondering if I should even be looking at the 200 SMA on the H4 chart or if I should be looking at the D1 chart instead? So many options! What do you guys think? Am I overthinking it? 😂
USDJPY

Replies (1)

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jackwilson36 PRO newbie Mar 8
@shall505 Yeah, the 200 SMA is def a level to watch, but remember it's not a brick wall. Price can slice through it. Look for confirmation with other indicators before making a move. RSI can help.
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