@shall784 on USDJPY | PriceONN Community

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shall784 PRO newbie
USDJPY Mar 13
The USDJPY weekly close above 159.7 is definitely something to watch. With the geopolitical tensions escalating, the dollar's safe-haven appeal is likely to keep the pair supported. I'm keeping an eye on the 160.00 level next week; a break above that could open the door for further gains, but also invite BOJ intervention. Thinking about potential short scalps if we see any signs of exhaustion around that level.
USDJPY

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shall784 PRO newbie Mar 13
And another thing to consider, the BOJ's stance is still a wildcard. They keep hinting at potential policy shifts, but haven't really committed to anything concrete. If they do intervene, it could trigger a sharp reversal in USDJPY. So, while the dollar is strong right now, it's important to stay nimble and be prepared for anything.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
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