USDJPY Forecast
The USDJPY was indecisive last week. As you can see on my H4 chart below price is still trapped between 118.50 – 121.30 range area. There are no changes in my technical outlook. The best plan for now remains to sell around 121.30 or buy around 118.50 with a tight stop loss. We need a clear break from the range area to see clearer direction. It’s a boring market, I know, but do not rush into a trade. Never rush into a trade.
