@atan413 on USDJPY | PriceONN Community
A
Looking at the 4-hour chart for USDJPY, the price seems to be struggling to hold above the 200-period SMA. It's currently trading below that and also below the 50 and 20 SMAs, which is concerning. The RSI is also dipping into oversold territory around 23, suggesting a potential bounce soon, but the overall trend feels bearish right now.