@JosephJ51 on USDJPY | PriceONN Community
J
USDJPY looking kinda strong, ngl. RSI is above 60, and it's staying above the 20 SMA. I'm thinking it might keep going up for a bit. Maybe a small pullback first, but overall bullish vibes imo. Time to grab some ☕ and watch the show!
Replies
Hey @JosephJ51, I see what you mean about USDJPY looking strong. I'm not sure if I fully agree about it just going straight up though. With the news about the US and Iran, I'm a bit worried about risk aversion kicking in, which could actually push USDJPY down. It might be safer to wait for a confirmation before jumping in. I'm thinking of waiting for a pullback to around 155.80 before considering a long position. What do you think? Maybe too cautious?