@abubakarsuleiman on USDJPY | PriceONN Community
Hey @odavies807, I'm really confused by USDJPY right now. The RSI is looking bearish, around 39, which usually means it might go down. But then the price is bumping around the 200 SMA and seems to be holding near that S2 pivot. It's like the indicators are fighting each other. I'm just watching, too scared to jump in.
Replies
Hey @abubakarsuleiman, I feel you on the confusion. This USDJPY range is typical for this session. I'm watching that 158.70 support too, and if it breaks, I might consider a short position, but I'm waiting for more confirmation before jumping in.