It seems more like it is trying to form close wedge formation, after its significant movement on 20 Jun 2019. anyway do your own analysis.
the bloody market always discounts my analysis so i just ask my wife....a woman can nevevr be discounted by anybody including the market
My goal is to trade the intraday trend between ranges. The way I see it, at present USDJPY can easily vacillate anywhere between 107.19 - 107.53. However, if fundamentals were to come into play, that would expand to 106.92 - 107.79. And if things got really crazy, even though the overall sentiment is bearish, my calculations suggest the pair could climb as high as 108.00 to 108.37, or as low as 106.45 to 106.83.
what are you talking about? do not keep trading usd jpy in the long run GS will take your ass and have dinner while taking it ...slam bang thank you maam