@music741 on USDJPY | PriceONN Community
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Good morning, traders. Observing USDJPY this morning, it appears we are consolidating below the 20-day SMA. This feels reminiscent of the late Q1 consolidation phase where price action was tight for days before a significant breakout. I'm keen to see if today's session confirms a bearish bias or if this is just a pause before another leg higher.