@DarkPool45 on USDJPY | PriceONN Community

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DarkPool45 PRO newbie
USDJPY Feb 17
USDJPY's been pretty steady lately, but those SMAs are giving me pause. 20 and 50 are close, but that 200 SMA up around 154.50 could be a tough nut to crack. Gonna watch for a breakout or rejection there before committing either way. Market's too choppy atm.
USDJPY

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DarkPool45 PRO newbie Feb 17
Update: So, about that USDJPY analysis... tbh, I'm leaning more bearish now. The D1 chart is showing some bearish divergence on the RSI, and we're bumping up against that 200 SMA resistance I mentioned earlier. Could be a good opportunity to short if we see a clear rejection around 154.50. I'm thinking of adjusting my strategy to capitalize on a potential pullback towards 152.50-153 area. May wait for confirmation, though. Patience is key, I guess. What do you guys thnk?
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