@amina4006 on USDJPY | PriceONN Community
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Okay so USDJPY is kinda just vibing around 153. Anyone else feel like it's waiting for something big to happen? I'm thinking maybe a news catalyst or something to break it out of this range. What's your take on it, bullish or bearish leaning?
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Bir de şunu ekleyeyim: Thinking of setting a tight SL just below that 50 SMA in case it's a fakeout. Gotta protect the pips, you know how it is haha.
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Update: Just noticed the 50 SMA is basically right there at 153 too. Could be a decent support level if it decides to dip. Or resistance if it tries to push higher lol.
Hi @amina4006, I kinda feel the same way about USDJPY just vibing 😂. I think you're right, it probably needs a catalyst to really make a move. The market seems to be waiting for some news, maybe some economic data or a statement from the BOJ? 🤔 Personally, I'm leaning slightly bullish with the SMAs all pointing up, but I'm keeping a close eye on the overall risk sentiment. A risk-off environment could easily send it lower. Need to be careful out there! 🧐