@A_Miller on USDJPY | PriceONN Community

Actually, thinking more about it, this move down might be a good sign. The RSI is still sitting in that neutral zone around 46, so there's plenty of room for it to go lower before getting oversold. If we can hold above the S1 pivot at 158.222, I might even consider adding to my position. The news about the ECB holding rates should weaken the euro, which indirectly supports the dollar against the yen. Just gotta watch out for any sudden moves in the DXY. I'm still leaning bullish long-term on this pair, but for now, just want to see this consolidation play out without hitting my stop.