PardoFX_Trading

USDJPY not a cut & dry short this time

FX:USDJPY   U.S. Dollar / Japanese Yen
When you look at the previous action in this range you will see why this last section looks strange. A clear rejection on the downward turn has made it look alot more Bullish than it was, even if it still appears to be a slam-dunk for a range trade - I dont think it is that straight forward and therefore I will be staying out of this until it answers my concerns by breaking above or below.
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