@lauren9634 on USDJPY | PriceONN Community
L
Well, Friday's close on USDJPY was a bit of a relief, finally dipping below that 159.00 handle. I'm watching the S2 pivot around 158.014 closely for Monday. If we see a gap down on open, that could be an interesting spot to consider a very careful long position, especially if the RSI starts climbing out of oversold territory. Need to see how the geopolitical news out of the Middle East shakes out too, that Iran development could still cause some volatility even for forex.