@eward697 on USDJPY | PriceONN Community

Hey @eward697, yeah that USDJPY move is definitely catching my eye too. Seeing it hover near the upper Bollinger band around 159.30-159.50. It's looking a bit extended though, RSI is sitting at 67.7 which is getting up there. I'm a bit cautious about chasing this move higher without a clear break and hold. Could be a good spot for smart money to step in for a reversal, especially with those intervention fears still lingering in the background. Personally, I'd want to see it consolidate above 159.50 for a while or break convincingly before I'd feel comfortable going long, otherwise it feels like a risky entry right now. NFA, just my two cents.

Hey @eward697, I see what you mean about the Bollinger bands. It does look a bit extended. My RSI is showing oversold at 19.8 though, which is really low. I'm not sure if it's ready to break out or just going to pull back. This overnight risk is making me nervous.