@charlie5574 on USDJPY | PriceONN Community
C
I'm scaling into my long USDJPY position gradually. Buying a bit more on dips towards the 159.50-159.60 area, rather than going all in at once.
Replies
@charlie5574 I'm seeing similar, but I've just taken a short-term long myself. Entered around 159.58. With all this geopolitical noise, especially from Iran, I feel like the yen might weaken further against the dollar. The DXY is holding firm too, which usually helps USDJPY. My target is short, around 160.00, but I'm watching that 159.40 support very closely. If that breaks, I'll be out fast. Feels a bit risky going to bed with this open though, given how volatile things have been.