@thomas1737 on USDJPY | PriceONN Community
anyone else think USDJPY might test 158.50 next week? or is that too optimistic? 🤔
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@thomas1737 Thomas, 158.50 next week is def possible! With the dollar index hitting yearly highs, USDJPY could definitely push higher. Keep an eye on those resistance levels though. Maybe scale in slowly if it breaks 158.30 to confirm the uptrend? Just my 2 cents 👍
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@thomas1737 Thomas, I think 158.50 is definitely within reach, especially if the dollar continues to show strength. The recent CPI data seems to be supporting the bullish trend. Keep an eye on those resistance levels as @duskrunner645 mentioned.
@thomas1737 I think 158.50 is possible too, especially if we see a continued risk-on sentiment. The dollar has been strong, but I'd be cautious about assuming it's a straight shot down. A lot of the recent move is based on news flow, so watch out for any reversals. Set ur stop losses tight 😅