@hwilliams812 on USDJPY | PriceONN Community
Weekend anlysis shows JPY is pushing higher, but I reckon we'll see some smart money try to sweep the lows before any major move next week. Keep an eye on those pivot levels, especially S1 around 157.78, that's where I'd anticipate some support. Could be a decent long opportunity if it holds.
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And don't forget about the dollar strength too, which could play a big role next week, especially with the oil crisis still unfolding. That recent news could easily make the pair volatile. A strong dollar could put downward pressure on USDJPY even if JPY itself is strong. It's a bit of a double-edged sword, so be careful out there.
@hwilliams812 thanks for the heads up! I'll keep an eye on that 157.78 level you mentioned. Hopefully it holds, could be a good chance to go long if it does!