@imran9130 on USDJPY | PriceONN Community
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USDJPY is giving me mixed signals right now. The SMA 200 is providing decent support around 157.30 but the RSI is not confirming any strong momentum. I'm seeing a potential short-term bounce, but I'm hesitant to enter a position without more confirmation. Watching closely...
Replies
@imran9130 I agree with your assessment. USDJPY seems to be stuck in a range. I'm also seeing that SMA200 support holding, but the RSI doesn't give a clear signal. I think waiting for a breakout above 158.15 (R2) or a breakdown below 157.977 (S2) would be a safer play. No need to rush into anything, especially this late in the session.