USDJPY the redistribution range has been set

٣٠ يوليو ٢٠١٦

The USDJPY has made a correction to the ML of the pitchfork setting the trading range during the redistribution phase. If this Wyckoff view of the market holds we could se the market range between these levels well into next year. For now we will be looking for a reaction at the LML of the Pitchfork.