Come closer and examine the chart. You would notice that over the last 9 days or so, the
USDJPY has been stuck in a range of 80-90 pips on average for the day. This is a preclude to something is about to happen.
If we look at the events that is going to happen next week, we have corporate earnings of US companies, quarterly reports on GDP figures, etc. Without a doubt, the earnings are going to be disappointing in view of the lockdown.
I am awaiting for the support at 107.054 to be broken down before shorting again. How about you ?