@pilotRyan on USDJPY | PriceONN Community

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pilotRyan
hey @PriyaS14, this slow movement on USDJPY kinda feels like when that AUDUSD was just stuck around 0.7000 a few days ago, just no real direction. Waiting for something big to happen. Hope it doesn't go the wrong way on me though.
USDJPY

Replies (2)

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AlexanderCox PRO newbie Mar 25
Hey @pilotRyan, I know what you mean about this USDJPY sideways action. It's been so dull all session, feels like watching paint dry. I'm just hoping that if it does break out, it goes my way. I've got a position open and I've finally managed to drag my stop loss to break-even. After that little dip earlier, I was sweating, but it held. Now, if only something interesting would happen, or at least something predictable. This quiet liquidity is just begging for a sudden spike, and I'd rather it not be against me. Still, better than a sharp drop, I suppose. Let's see what happens.
aroberts49
aroberts49 PRO newbie Mar 27
Hey @AlexanderCox, I totally get what you mean about the USDJPY being dull. It's been so quiet, I thought my charts were frozen or something. I'm also long from around 159.6, and seeing this slow grind up is making me fidgety. I'm worried about that Fed hike possibility too, feels like it could really mess things up for us. Is this inflation talk serious? I don't want to get caught out if it suddenly tanks because of that. What's your plan if it breaks resistance?
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