USDJPY looks strong but overbought on the RSI! 🤔 I'm thinking a short-term pullback might be coming before the bulls take over again. What are your thoughts on potential support levels to watch? 🤔💡
@eseosaosaze I agree, the RSI is getting a little high. I'm watching the 20 SMA around 154.96 as a potential support level if it pulls back.
CyclistKimberlyPROnewbieFeb 27
@eseosaosaze, I agree that a short-term pullback is possible given the overbought conditions on some indicators. Watching the S1 level around 155.779 for potential support could be prudent.