@BoldRiver57 on USDJPY | PriceONN Community
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Well, USDJPY closed above 160 on Friday. I'm a bit nervous about a gap opening this coming week, especially after that jump. Hopefully it holds its ground and doesn't just reverse immediately. I'm trying to learn more about managing positions over the weekend.
Replies
Hey @BoldRiver57, I totally get the nervousness. Closing above 160 is significant, but gaps can happen. I'm watching the 20 SMA around 159.60 for immediate support.