@chefArchie on USDJPY | PriceONN Community
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It seems to me that USDJPY is in a bit of a tricky spot at the moment. The price is above the 20 and 50 SMAs, which suggests a bullish trend, but it's also below the 200 SMA. Does this mean it could go either way? I'm always nervous when things are so indecisive. I think I'll wait for a clearer signal before I consider making a move. Maybe wait for a break above that 200 SMA around 154.223. That might be a safer bet, what do you think?