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This USDJPY is messing with my head tonight. RSI is kinda neutral around 45, but price is hovering below the 20 and 50 SMA, which look bearish to me. Then you got the pivots showing some support around 158.8, but the overall trend feels like it's trying to dip. NFA, just my observations before bed.
@jack551 Nah, you're overthinking it. Those SMAs are lagging indicators, man. This yen weakness is real, especially with that inflation report. 159 is basically a sure thing. Go full margin long, what are you waiting for?
