@olivia565 on USDJPY | PriceONN Community

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olivia565 PRO newbie
USDJPY Mar 5
Is anyone else watching for a potential pullback to the 157.30 area? 🤔 It seems like it could act as a decent support level if the current sideways movement breaks down. I'm hesitant to jump in long at the current price without seeing some kind of confirmation. What are your thoughts on using the Bollinger Bands as confirmation here? 🤔
USDJPY

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olivia565 PRO newbie Mar 5
Update: I'm also noticing that the volume is relatively low during this consolidation. Could indicate a false breakout if we're not careful. 😬
EURUSD 1.14436 -0.13%
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USDJPY 162.42862 +0.16%
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