USDJPY Bulls or Bears…..?
Neutral view at the moment, as we had a break of the ascending on Friday with a retest of this just before market close. Moving averages were set to cross but this could just be a fakeout. The shows a very close rejection of the same ascending , however price has ranged since the end of April. Daily candle close Friday producing a Doji pattern so indecisiveness between Bulls and Bears. Patience with this pair will pay off.