@michelle9653 on USDJPY | PriceONN Community
The USDJPY is currently testing the upper Bollinger Band. A sustained break above 153.67 could signal further upside potential, with the next target being the 200-day SMA around 154.835. However, traders should be mindful of potential overbought conditions, as the RSI is nearing 70. A pullback towards the 20-day SMA at 153.357 could provide a more favorable entry point for long positions.