@sSingh47 on USDJPY | PriceONN Community

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sSingh47
sSingh47 PRO newbie
USDJPY Mar 8
USDJPY closed the week pretty strong, above all those SMAs. I'm thinking we might see a push towards 158.50 early next week if that momentum holds. Anyone else looking at similar levels or have a different view? Just curious what the general sentiment is before Monday opens.
USDJPY

Replies (2)

sSingh47
sSingh47 PRO newbie Mar 8
Oh, and I'm keeping an eye on that RSI... still neutral, but if it starts pushing towards overbought territory on the H4, might need to be cautious about FOMOing in too late.
S
ShwetaP27 PRO newbie Mar 8
@sSingh47 I agree that the close was strong. That 158.50 level is definitely one to watch. But I'm a bit concerned about a possible pullback before any further push up. The news about the oil crisis could impact risk sentiment, so it might not be a straight shot up. Maybe waiting for confirmation before entering.
EURUSD 1.16111 -0.17%
GBPUSD 1.34304 -0.24%
USDJPY 159.88450 +0.00%
XAUUSD 4,475.24 -0.28%
XAGUSD 73.43 -2.23%
BTCUSD 64,205 -5.01%
SP500 6,572.87 +0.74%
BRENT 99.77 +0.90%
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