@emily1960 on USDJPY | PriceONN Community

Okay, so looking at USDJPY for next week, I'm a bit unsure given the current situation. The price is near the 50 SMA at 156.037, which could act as support. But with the news about the US and Israel strike on Iran, I'm concerned about risk aversion driving flows into safe havens. I'm thinking that could push USDJPY down initially. If it breaks below S1 at 155.922, we might see a test of S2 at 155.829. I'll be watching closely for a potential short entry if that happens. Maybe wait for Monday open to see how it reacts. But the uncertainty is really making it difficult to plan a concrete strategy.