USDJPY: Standstill Continues Above 76.00
USDJPY put in a Tri Star candlestick pattern above 76.4% Fibonacci extension support at 76.28, pointing to indecision and hinting and hinting at fading bearish momentum, but a reversal has yet to materialize. Instead, prices a drifting sideways in a narrow range capped by the 61.8% extension at 77.03. Current positioning offers no actionable trade setups and we will remain on the sidelines.
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