By FX Empire.com
The USD/JPY pair had another quiet week as the range bound attitude of this market continues. The market is almost impossible for the long-term trader to get involved with as the range is between 76.25 and 77.50 or so. This simply doesn’t give the long-term trader a chance to take advantage of the market. However, it should be noted that the Bank of Japan is sitting below, so a long could be taken – if you are willing to wait for a very, very long time in order to see if move in your favor.
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