@kbhatnagar136 on USDJPY | PriceONN Community

@kbhatnagar136 I agree, that Friday close was quite telling. Holding 160 psychologically is a big deal, especially with how stretched the RSI was. Given the current oversold condition on the daily chart, I'm leaning towards a potential bounce. The next few hours during the New York session will be critical to see if this momentum can be sustained or if we see a retest of lower levels. I'm watching the 158.80 pivot point closely as initial support. If that breaks, we might see more downside.