@PriyaN29 on USDJPY | PriceONN Community
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USDJPY is showing a bullish trend, but the RSI hovering near 60 suggests we're approaching overbought conditions. I'm cautiously optimistic, but a pullback towards the 20-day SMA (around 154.91) wouldn't be surprising. Monitoring for potential entry points if it retraces, otherwise waiting for confirmation above R1 before considering a long position. Risk management is key in this volatile market.