AlkalineFX

USDJPY - Decision Box

FX:USDJPY   USA-dollar/Japansk yen
It's very hard to look at this pair and determine its next move. What we are looking for is a slight pullback into the marked decision box before we can gather any ideas as to what may happen next. Personally we have more of a bearish bias, but in order for this to be confirmed, we would need to see the break of the small ascending trendline followed by a re-test of the key structure zone marked.

IG Client Sentiment - 52% buys
COT Data Source - 51% short

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