@LCarter54 on USDJPY | PriceONN Community
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Considering the current technical landscape, I'm observing a potential short opportunity on USDJPY. The RSI is signaling oversold conditions, but the price action is still trending downwards. I'll be watching for a break below S1 at 153.913 to confirm the continuation of the bearish momentum. A tight stop loss above the 20 SMA is recommended to manage risk.