USDJPY May Be Building Up to a Break and Fed Warnings May Decide the Direction
Congestion remains the most prevalent chart pattern, but there are still the foundations of volatility flare ups in the open market. The S&P 500 showed how a fundamental spark on a tight trading range can resolve. USDJPY may be in store for similar if market’s take Fed remarks seriously.
from DailyFX - Market News https://www.dailyfx.com/news/usdjpy-may-be-building-up-to-a-break-and-fed-warnings-may-decide-the-direction-20221118.html
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