@sana3327 on USDJPY | PriceONN Community

Update: So, I've been looking at the charts more closely, and it seems like the 157.80 level is also acting as a bit of a hurdle. 😬 I'm thinking maybe it will consolidate in that range for a bit before deciding what to do. I'm also trying to understand what the RSI is telling me... it's around 56, which I guess is neutral? 🤔 Does that mean it could go either way? I'm trying to learn about hedging strategies, so if anyone has any tips for a newbie like me, please share! 🙏 I'm investing for the long haul, so I'm not trying to get rich quick, just trying to protect my savings. 😅

@sana3327, 158 is definitely a level to watch. I would suggest waiting for a clear rejection signal, such as a bearish candlestick pattern on the H1 chart, before considering a short position. Otherwise, the uptrend might continue.