USDJPY - Two nice fresh supply levels!
Despite this horrible range and nasty ATR, UJ is still offering some decent trading opportunities, I have personally stopped buying the bottom of the range now as to me it looks like the bears are gaining ground in the form of lower highs. I will be looking to get in at these two supply levels. I included the ATR in this chart to show that at the moment UJ averages 35 pips a day, where as historically it has been comfortably above 90. Volatility will come back, patience is what's needed and grab whatever pips you can in between!
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