USD/JPY remains in a tight trading range caught

The USD/JPY hourly chart is not just informative: it is missing the Pair to a direction and volatility.

The 50 SMA is moving between the 200 — and 800-SMA, what is the trend of lack of shows. The ADX is below 30, which also speaks for a sideways movement.

The prospects for the formation of triangles, rectangles and flags. Traders should watch for divergences between the oscillator and the price.

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