@avagreen76 on USDJPY | PriceONN Community
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I'm anticipating a pullback on USDJPY in the coming days. While the trend is clearly bullish, the overbought RSI on the daily chart suggests a correction is due. I think we could see a move back down towards the 156.00 level, potentially even testing the 50 SMA around 156.12. The ongoing geopolitical tensions could also contribute to a risk-off environment, further pressuring the pair. This is just my opinion, of course – manage your risk accordingly.