USDJPY is really pushing higher, isn't it? The RSI is showing overbought conditions on the 14-day, but it seems like the momentum could carry it further still. I'm watching for a potential pullback, but I'm not ready to short it just yet. Seems like the bulls are still in control for now.
I agree, @S_Sharma, the momentum is strong. I'm seeing the same overbought RSI on the shorter timeframes. I'm still long from lower, but I might take some profit near 156.50 if we get there. A pullback to the 20 SMA at 156.04 isn't out of the question.
