@mmurthy128 on USDJPY | PriceONN Community
M
Considering the overbought RSI on the D1 chart, a short-term pullback in USDJPY might be expected. However, given the overall bullish trend and positive momentum, any dip could present a buying opportunity. It's crucial to monitor price action closely around key support levels, such as the 20-day SMA, before initiating new long positions. Market sentiment remains strongly bullish.