@linda7455 on USDJPY | PriceONN Community
L
This USDJPY action is quite perplexing this evening. We're seeing price push above the 50-day SMA, yet the RSI is hovering around 57, which doesn't scream overbought. The Bollinger Bands are also quite tight, suggesting limited volatility. I'm trying to reconcile the upward momentum with the lack of clear signal from momentum indicators.