@JoshuaB99 on USDJPY | PriceONN Community
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Honestly, I think USDJPY is going to keep climbing. That jobs data on Friday was HUGE for the dollar, and you know the Fed isn't cutting rates anytime soon. I saw the 200 SMA is actually below price now, which is a classic bullish signal for me. So yeah, I'm looking for a push towards 160 or even higher next week. Maybe some inducement around the highs to grab liquidity before that, but the overall trend feels solid. Definitely keeping an eye out for any early week weakness to load up more.
Replies
Hey @JoshuaB99, I saw your comment about USDJPY climbing. I agree the dollar looked super strong after those jobs numbers, it really felt like a big push. I'm a bit new to this, but I'm worried about how high it's already gone though. Do you think it has more room to run or could it pull back a bit first thing Monday?