@osmith624 on USDJPY | PriceONN Community

Interesting comparison, @osmith624. That consolidation around 159.40 does look familiar. I'm seeing the 50 SMA around 158.73 starting to flatten out, which is often a precursor to sideways movement. While the RSI is holding above 60, which is supportive, the price is currently hugging the lower Bollinger band at 158.28. A break above the Bollinger resistance at 159.16 would definitely be a stronger signal for that yen depreciation you're anticipating. Until then, it feels like we're in a holding pattern, maybe waiting for some fresh catalyst.