USDJPY is caught in sideways trend and range between 92.40 and 91.00 seems to come into play during this week. Traders will look to trade between those two levels along with small stops.
Once USDJPY manages to break out of that range we might see some traders looking to trade USDJPY with the break. On upper side, break will lead USDJPY towards 94.00 level while on the lower side break will take USDJPY towards 89.00 level.
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