Wikiwicks

USDJPY indecision after news

FX:USDJPY   U.S. Dollar / Japanese Yen
#USDJPY (4H):

Last setup didn't make it to carry out because of news volatility . These news brought a lot of overall indecision. This is reflected in our chart, as we can't determine any clear overall direction (market structure formed a triangle).

However, being my bias still bearish , i believe a break to the downside has a higher probability. If not, i'm not interested in buying this market for now.
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