@dwalker221 on USDJPY | PriceONN Community

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dwalker221 PRO newbie
USDJPY Apr 7
Seriously, USDJPY is just bouncing around 159.60 like a pinball. I'm watching this 200 SMA like a hawk. It's like it can't decide which way to go. This geopolitical stuff is making it twitchy, but no real follow-through. Gonna be a long night if it doesn't break out soon.
USDJPY

Replies (1)

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dwalker221 PRO newbie Apr 7
Wait, I just rechecked the hourly chart and the RSI is actually climbing a bit from that 44 level. It's not much, but coupled with the fact that price is hovering right near the 50 SMA, I'm feeling a bit more confident about this long position. Maybe it's not just the geopolitical fears pushing it, but actual buying interest. I'm definitely keeping the leverage high though, can't back down now. The news about the yen weakness is still front and center, and if they don't intervene, this thing could really fly. Going to bed now but will have alerts set.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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