USD/JPY randomly walking between 89.70 and 90

USD/JPY is busy going nowhere fast with no strong incentive to add to already loaded risk positions nor to liquidate existing ones. Traders note small stop-loss sell orders in the 89.50/55 area on pullbacks with offers eyed in the 90.20/50 window. It is not until above 90.50 where things get interesting as black-box system traders have left orders to buy more USD/JPY. We should be so lucky…

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