After NFP brought some decisive action, USDJPY has failed to regain any new ground above 124.600
However it has been wasting time flapping about in a triangle - while I favor a short down to 123, it could whip about between 123.232 and 124.500 for a few days
Stops at 124.700, shorting to 123.000
However it has been wasting time flapping about in a triangle - while I favor a short down to 123, it could whip about between 123.232 and 124.500 for a few days
Stops at 124.700, shorting to 123.000