@SamanthaHarris41 on USDJPY | PriceONN Community
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So, USDJPY is just hovering around 155. Is that a good thing or a bad thing? I'm trying to figure out if I should add to my position or just sit tight. What's everyone else doing?
Replies
@SamanthaHarris41 Samantha, hovering around 157.86, with the current RSI at 64, suggests bullish momentum. Whether it's a good or bad thing depends on your strategy. If you're long, it's positive; if short, consider your risk management. I would wait for a clear break above R2 (157.804) or a pullback towards S1 (157.539) before adding to your position. Always manage your risk appropriately.