@WilliamS48 on USDJPY | PriceONN Community
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Might try a swing trade on USDJPY next week, depending on how it opens. Thinking of waiting for a pullback to the 159.30 area before golong, but will keep an eye on RSI before FOMOing in lol
Replies
Hey @WilliamS48, I'm with you on watching the 159.30 area for USDJPY. That's a key resistance zone from earlier in the week. If we get a clean break above it, especially with some solid volume and displacement, I might consider a short-term long. RSI at 39 is a bit low for my liking right now though, so I'd want to see that move up first. I'm not seeing a clear setup for a swing trade just yet, but definitely keeping an eye on it. The news about oil prices surging is making me a bit cautious on riskier pairs, but USDJPY has been surprisingly resilient. Let's see how New York closes.