@jenniferbrown52 on USDJPY | PriceONN Community
J
Okay, still watching USDJPY... this is painful. It's hovering right around 159.30, but the volume is just not there. I'm wondering if that Dollar Index news is having an effect, everyone running to the dollar but not really affecting JPY much? I was hoping to see a little more upward movement based on the SMA's, but it's just not happening. RSI is still above 60, so technically bullish, but it feels weak. Thinking about setting a buy stop order just above 159.50, see if it breaks that R2 pivot, but I'm nervous about a fakeout. Maybe I'll just stick to paper trading tonight, too risky.