Japanese Yen / U.S. Dollar forum
USDJPY Looks like it is turning bearish maybe to 152.3xx
USDJPY USDJPY is riding a strong weekly uptrend, with bullish momentum showing on key indicators. However, recent price action hints at potential short-term exhaustion, making this a prime buy-the-dip setup. Here’s what I’m watching:Key Levels to Monitor:
1. Support Zones: Watching 152.16 (4-hour HVN) and 151.6 on a deeper retracement. These levels align with historical demand areas, where buyers could step back in.
2. Technical Confirmation: Ideal buy signals include a 4-hour MACD shift from bearish to bullish or daily RSI holding near 50—indicating intact trend strength on pullback.
3. Target Zones: First target at 154 near the recent highs, with potential for extended gains if price regains momentum above upper Bollinger levels.
Precision entries like these are key for high-probability plays. Follow for more strategic levels and signals!
USDJPY I believe this can go down to 151.900 before going up. The only reason this would reverse now is because we’re close to the New York session and that’s it
USDJPY if you bull buy when the weekly close above 152.0, if you bear sell below 152.0. I hedge so I want the price move
USDJPY Why is everybody looking at longs when the trend is clearly down?
USDJPY think our studded tires got a grip now ♤152.210USDJPY prop firm challenge fxrk 15k wish me lucko
USDJPY guess I won't be sleeping tonight..152.876 buy
USDJPY pull back and rejection