@nhashim684 on USDJPY | PriceONN Community
Anyone else think USDJPY is getting a little too excited? RSI is practically screaming 'overbought' but the bulls are still charging. I'm thinking a pullback is inevitable, but when? What are your thoughts on shorting opportunities around these levels, or are we all just waiting for the inevitable correction?
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Update: Just saw it hit R2 pivot at 155.181. Might be a good place to watch for a reversal. Keeping my powder dry for now, though!
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@nhashim684 I totally agree, it does feel like USDJPY is getting a bit overexcited. I'm also wondering about a pullback. I'm too scared to short it right now though, lol. Maybe waiting for some kind of confirmation would be smart? Like a clear rejection at a resistance level or something? I'm still learning how to read the RSI properly tbh.