@amartin415 on USDJPY | PriceONN Community

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This USDJPY is really messing with me today. I saw it dipping and thought it was a buying opportunity, so I went long around 158.50. Now it's just been slowly bleeding lower. RSI is really low but it just keeps going down. Should I cut my losses or is this just a dip before it shoots back up?
USDJPY

Replies (2)

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amartin415 PRO newbie Mar 23
Seriously, I don't know if I should hold or sell. This is my first big trade and I'm already down. I don't want to lose more money.
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nycAngela2 PRO newbie Mar 24
Hey @amartin415, I totally get your panic. USDJPY can be brutal. That inflation news from Japan did make it dip a bit, but it's still holding above that 158.50 level. Maybe give it a little more time before deciding?
EURUSD 1.16310 +0.00%
GBPUSD 1.34423 -0.15%
USDJPY 159.98150 +0.06%
XAUUSD 4,461.59 -0.58%
XAGUSD 73.31 -2.38%
BTCUSD 63,863 -5.51%
SP500 6,572.87 +0.74%
BRENT 98.28 -0.61%
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