USDJPY : A study of what worksMany methods are used. Some work, Many don't. The most important thing is to use our common sense to find out. Discard immediately, and never look back at those that do not work.
First, the Trendliners. They would not be playing because their fav lines are not present.
Next is the Demand & Supply aka Liquidity Zones player. I think they would prefer to wait a bit longer. Only if they look at the bond yield, their views might differ.
Then there are also those who like Fib retracement for the fav 50% is also near.
Finally, some like me prefer to use the D, plus a few other 'indicators'. Price is already showing a reaction now.
Let's discover what works, @ +/- 10 pips.
Good luck.
