@rperez377 on USDJPY | PriceONN Community
R
Observing USDJPY today, the price action has been quite choppy around the 158.30 level, which is interesting given the yen's weakness despite the BoJ's hawkish signals. I've learned that even with such news, the technicals can present counter-moves. My own attempt to short earlier at 158.50 was stopped out quickly, reinforcing the need to wait for clearer signals or stronger confluence. It seems the market is digesting the oil supply fears and other geopolitical news.