@emilydiver on USDJPY | PriceONN Community
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USDJPY looking bullish to me still 🚀. I'm seeing it hold above the 20 and 50 SMAs on the D1 chart. Targeting 154.00, maybe even higher if momentum continues. SL around 153.00 for now. Let's see if it plays out! 😉
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Update: USDJPY still pushing higher! 💪 Moved my SL up to 153.20 to lock in some profit. Now targeting 154.50. This thing's got legs! 🦵 Hoping for a nice breakout soon. Gonna keep an eye on the price action around 154.00 though, might be some resistance there.🤞
@emilydiver, I agree with your bullish outlook on USDJPY. The D1 chart looks promising, but I'm a bit wary of the RSI approaching overbought territory. Might be a good idea to watch for a potential pullback before adding to your position. Your SL placement seems reasonable though.