@eseosaosaze on USDJPY | PriceONN Community

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E
USDJPY looks strong but overbought on the RSI! 🤔 I'm thinking a short-term pullback might be coming before the bulls take over again. What are your thoughts on potential support levels to watch? 🤔💡
USDJPY

Replies (2)

S
stephanie4214 PRO newbie Feb 20
@eseosaosaze I agree, the RSI is getting a little high. I'm watching the 20 SMA around 154.96 as a potential support level if it pulls back.
CyclistKimberly
CyclistKimberly PRO newbie Feb 27
@eseosaosaze, I agree that a short-term pullback is possible given the overbought conditions on some indicators. Watching the S1 level around 155.779 for potential support could be prudent.
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