Is USD/JPY likely to move anytime soon?

Author: Sean Lee | Category: News

Most traders I speak with are convinced that USD/JPY is about to break out of its’ current sideways trading phase and go for a major run, one way or thother. I’m not so sure; USD/JPY has a history of falling into long periods of inactivity before it goes for a breakout move. After 25 years in the FX market, I’m still not sure why it behaves like this, so differently to other pairings.

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