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USDJPY: Complete Indecision

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
VasilyTrader  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis USD jpy USDJPY dollar yen japaneseyen
6
0
trendanalysis chartpattern waveanalysis forex trading technicalanalysis usd jpy usdjpy dollar yen japaneseyen
snapshot

USDJPY is currently trading within a major area of resistance.
If bulls manage to breakthrough the underlined area,
we can expect a bullish continuation to 110.0 and 111.0

For now, I highly recommend staying away from trading this pair
because of the complete indecision of the market participants.
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