USD/JPY - Indecision
* Formation of a Spinning Top type candle today denotes indecision for the trading day
* The middle pivot point at 109.214 remains in play as a crucial area of support on any selling
* At the start of the new trading session, we have seen the buyers pushing USDJPY a little higher
* Over the last few days, the area up to 110 has seen downside rejection and if this area can be breached in a positive way, we could see the 1st PP resistance, R1, at 110.443, tested.
* The middle pivot point at 109.214 remains in play as a crucial area of support on any selling
* At the start of the new trading session, we have seen the buyers pushing USDJPY a little higher
* Over the last few days, the area up to 110 has seen downside rejection and if this area can be breached in a positive way, we could see the 1st PP resistance, R1, at 110.443, tested.
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