Watching USDJPY closely. The drop to 158.27 is interesting, RSI is deep in oversold territory. I've got a small long position open from around 158.50, but I'm nervous. Thinking of moving my SL to breakeven if it tests that pivot point again. Need to see if smart money steps in here.
@sureshiyer19 I feel you man, it's a nerve wracking zone right now. I saw that dip too and almost jumped in, but then remembered those headlines about the Yen strengthening. Smart money definitely needs to show its hand soon. If it starts pushing past 158.80, I might reconsider. Good luck with your SL!
