The average trading range for USD/JPY over the past few weeks has been about 25 pips during the Asian session which sounds like a good reason to avoid this pair in my opinion. EUR/JPY selling is weighing on USD/JPY but the prospect of China and Kampo buying dips is a good reason to buy USD/JPY. Keep your short-term and medium-term range trading hats on; 82.00/83.00 in s/t and 80.00/85.00 in m/t.
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