USDJPY no action needed at the moment

The Pair is trading in between a neutral zone between 106 - 111. Herein i see no need for action.

For me, the borders of this neutral Zone are action points:

-Stoppsell, when the pair is trading below this Zone, sl could be the upper border, tp1 could be the 0,5 fibo @ 100,8, TP2 = 61,8 fibo @ 95
-Stoppbuy when the pair is trading abiove the upper border of the neutral Zone @ 112, possible sl @ 105, TP1=116, TP2=126

Good Luck

Trade active

Comment:

TP1 reached