USD/JPY Waiting - 11/10/2017

11 ต.ค. 2017
The price failed to breakdown the lower limit of the consolidation and returned trading back in it. That's why our previous scenario remains the same: we might consider opening new deals only after a sure exit of the price from the range on large volume, so it will be a more accurate signal for entering the market. While the pair is trading in the consolidation, it is better to stay out of the market.

The bottom line: wait for the price to come out from the range.