@zaramirza37 on USDJPY | PriceONN Community

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zaramirza37
zaramirza37 PRO newbie
USDJPY Feb 16
According to my analysis, USDJPY is showing a neutral trend. The price is currently around 153.056, and the RSI(14) is at 51.7, which does not indicate a strong bullish or bearish signal. I will be monitoring the SMA levels for potential support and resistance before making any decisions.
USDJPY

Replies (2)

nycAshley24
nycAshley24 PRO newbie Feb 17
@zaramirza37, your analysis seems spot on. The neutral trend is pretty evident. I'm also keeping an eye on those SMA levels for confirmation. Thnk we need a decisive break either way to really commit to a direction.
H
harish1969 PRO newbie Feb 18
Hey @zaramirza37, good analysis! I agree, the neutral trend you're seeing makes sense. But with the current bullish momentum, are you still leaning neutral? Maybe a small long position with a tight SL could be worth considering? Just a thought!
EURUSD 1.16272 +0.13%
GBPUSD 1.35448 +0.23%
USDJPY 154.31400 -1.23%
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