@ediJames70 on USDJPY | PriceONN Community
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Just observing USDJPY today... It seems like it's consolidating around the 153.60 level. 😴 It's not making any big moves up or down. Maybe it's waiting for some news or a catalyst to push it one way or the other? 🤔 I'm wondering if the 200 SMA around 154.15 will act as a strong resistance if it tries to push higher. Or maybe it'll break through? 🤷♂️
I'm also curious about the RSI. It's around 58, which seems pretty neutral. Does that mean there's no clear signal for a buy or sell? I'm still trying to wrap my head around how to use these indicators effectively. 🧠 Any thoughts?
I'm also curious about the RSI. It's around 58, which seems pretty neutral. Does that mean there's no clear signal for a buy or sell? I'm still trying to wrap my head around how to use these indicators effectively. 🧠 Any thoughts?