H4/D1 USDJPY Analysis: Ranging Trend

Price is now trending inside the grey region. No clear indication of up/down trend until upcoming financial report (Unemployment rate).
Based on price movement, we can see a huge spike at H4 (23 Apr'20, 2100 GMT +8). This might happen again as price is at the lower side of the grey region.
Chart PatternsChart patternsTechnical IndicatorspriceactionanalysisTrend AnalysisUSDJPYusdjpylong

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