@CoolOak88 on USDJPY | PriceONN Community

Volume has been pretty subdued for USDJPY today, honestly. It's not really confirming the upward move we're seeing at the moment; it feels a bit like a weak rally. If this were a strong bullish breakout, I'd expect to see significantly higher volume bars, showing conviction from buyers. We're not getting that right now. The lack of real volume behind this push up makes me skeptical about its sustainability. We could be seeing some 'smart money' manipulation, clearing out some sellers before a bigger move, or it might just be low activity and we'll see a reversal when New York really gets going. Need to see that volume spike to believe this push.