USD/JPY: Back to bad old days with 20 pip ranges
USD/JPY has been ridiculously volatile in recent months, flying around by 300/500 pips session by session. Today we are back to the bad old days of really tight ranges with the pair trading a 20 pip range. Best left alone in my opinion, there will be some silly moves spiking 150/200 pips and then slow sideways trade. Look elsewhere for better pairs to trade.