@michael85 on USDJPY | PriceONN Community
M
Okay, so I've been doing some more analysis on USDJPY, and I'm seeing a bit of a mixed signal. RSI is at 55.4, which is pretty neutral, not really giving a clear buy or sell indication. The price is hovering around 153.16, struggling to break past that R1 pivot point at 153.107. I'm thinking it might test that resistance again soon. If it breaks through, maybe we'll see a push towards R2 at 153.152, but if it fails, could drop back down to the pivot point. What do you guys think about the short term?