USDJPY Trade Idea

UJ has been in a choppy condition between the 108.40 - 109.20 S&R zones. In today's trading session, I will remain neutral bias. We're currently forming a pennant formation within the wide range, if there's any upwards breakout that could send UJ back to 109.20 resistance zone or further. If the pattern fails that will expose 108.40 as the nearest support zone.

Stay reactive.

Trade safe.

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