@ethan85 on USDJPY | PriceONN Community
This news about the Fed possibly hiking rates again is wild, especially with inflation still so high. Saw that coming after the energy price shock. USDJPY has been pushing higher today, but will this inflation talk spook the market and send it reversing? Makes me nervous about holding longs into tomorrow.
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Ah, I forgot to mention the 200 SMA is around 159.09. That's a pretty significant level if we see a pullback. For now though, the trend is clearly up.
A
@ethan85 Yeah this news is crazy, so much going on. I don't even know what to think about USDJPY anymore, it was dropping and now you're saying it's going up?