USDJPY was previous in a uptrend for a while untill
price broke lower but a downtrend was not confirmed,
price stopped making lower lows and usdjpy started
trading within a range in between it's previous swing levels
Price have been trading higher within the range
and higher high/lows are made, the top of the range
would be an interesting place to look for reversals
Untill the highs or the lows of the range have been
broken and a trend confirmed, we can expect usdjpy
to keep trading in the range
price broke lower but a downtrend was not confirmed,
price stopped making lower lows and usdjpy started
trading within a range in between it's previous swing levels
Price have been trading higher within the range
and higher high/lows are made, the top of the range
would be an interesting place to look for reversals
Untill the highs or the lows of the range have been
broken and a trend confirmed, we can expect usdjpy
to keep trading in the range
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