@freyabell73 on USDJPY | PriceONN Community
This USDJPY is just sitting there. Honestly, I'm a bit worried about going to sleep with this position open. That oil news is making me think the Fed might not cut rates, which should be good for USD. I'm hoping it just creeps up a little overnight, maybe towards 160.
Replies
Yeah, if they hold rates higher because of inflation, that means USD stays strong. So, a little push higher for USDJPY wouldn't surprise me at all.
@freyabell73 I hear you on the overnight anxiety. This pair has been so choppy lately, feels like it could go either way. I'd be watching that 160 level closely, but don't be surprised if it just consolidates further in this quiet session.