With USDJPY price is consolidating inside the block, we looking for either a break and close to the downside or upside. COT reports shows more longs being closed against the Yen so a move up looks like to be on the cards, but time will tell. Keep an eye on the lower time frames for confirmation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.