UnknownUnicorn27418153

6J JPYUSD In Consolidation

CME:6J1!   Japanese Yen Futures
This pair is currently in a neutral position as it is trapped in a consolidation zone. Since this correlates with USDJPY the same scenario should be taking place on that pair as well. It is wise to wait for a break of structure and formation of proper market structure before any trade could be placed.
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