@nycAshley24 on USDJPY | PriceONN Community
USDJPY closed pretty neutral this week, kinda surprising tbh. I'm expecting some volatility next week, especially with the economic data coming out. Keep an eye on those key support and resistance levels around 154.80 and 155.30! Could be some good short-term opportunities if we get a breakout.
Replies
@nycAshley24 Yeah Ashley, I agree, that weekly close was kinda sus. 😅 Economic data releases next week will defo be a key catalyst. I'm looking at those same levels you mentioned, around 154.80 and 155.30. A breakout above 155.30 could trigger a decent rally to 155.50-155.60, maybe even higher. I'm gonna wait for confirmation before jumping in, though. Patience is key, innit? 🔑 Gotta manage that risk!