@cwright358 on USDJPY | PriceONN Community
USDJPY seems to be consolidating just below the R1 pivot at 153.497. The RSI is neutral, not giving a clear buy or sell signal. A break above R1 could trigger a move towards R2 around 153.58, but the 200 SMA lurking above at 154.222 is a significant hurdle. Need to be cautious of a potential fakeout.