@PainterRavi on USDJPY | PriceONN Community
USDJPY closed the week near 157.80, not bad considering the volatility. I'm seeing some resistance around 158, so next week might be choppy. Gotta watch out for any news over the weekend that could affect the pair. Keeping my positions small NFA.
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Also, the 200 SMA is at 156.827 which is a good support level to watch if things go south. I'm personally not convinced this rally is sustainable long term. The RSI is not showing overbought but its getting there. Thinking of taking some profits early next week if it hits 158.50