@ABaig41 on USDJPY | PriceONN Community
USDJPY is looking pretty bullish lately, huh? 🤔 Anyone else think it's gonna keep climbing this week? I'm seeing some positive signals, but always good to get a second opinion. What's everyone's overall sentiment on this pair? 🚀 or 📉?
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Another update: I'm seeing some resistance around 157.831 (R1 pivot). Might be a good area to watch for a potential short-term pullback. Just a thought! 😉
Okay, so update: I've been digging a bit deeper into USDJPY, and I'm noticing the 200 SMA is way down at 155.939. That's quite a distance! Makes me wonder if we're due for a bit of a correction soon. I'm thinking of waiting for a pullback before considering a long position. Plus, RSI is kinda neutral, not giving strong signals either way. Maybe patience is the key here? Anyone else looking at the 200 SMA?