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USDJPY: Trading lacks direction!

U.S. Dollar / Japanese Yen (FX:USDJPY)  
Trader_BrianFX Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Forex SELL buy signal preciousmetals
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trendanalysis chartpattern indicator forex sell buy signal preciousmetals
Today, USDJPY remains stationary, continuing its sideways movement with little reaction to market news.

Currently, the pair is in a consolidation phase, and the 4-hour chart indicates a blocked bullish momentum, lacking the drive to surpass record highs.

I'm not inclined towards favoring any direction and will wait for the pair to breach either a resistance or support level for a strategic entry point. How about you? What's your strategy for trading this pair?
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