@ibrahim3950 on USDJPY | PriceONN Community
USDJPY showing some indecision around this 157.70 level. Volume isn't really confirming the move down though, seems a bit weak. Might be some smart money accumulation happening before another push up. Need to see a clear displacement to confirm further downside.
Replies
Also, RSI is below 40 but not oversold yet, so there's still room to fall. Going to monitor this closely before bed. Setting an alert at 157.50 just in case.
C
@ibrahim3950 Indecision is right! I'm seeing the same thing around 157.70. I'm a bit nervous about holding my long position now, maybe time to take some profits?