After a strong rally last week, the USD/JPY has been quiet this week, though it did make a new high to 120.75. But since then it has established a consolidation range between that resistance and support at 101.83. The 5/16 session saw the market failing to push above and then failing to push below. …

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USD/JPY Awaits Break from the 101.83 – 102.75 Consolidation Range
