USD/JPY pair trying to rally during the session on Tuesday, but found enough resistance above teacher things back around form a shooting star. With that, it looks as if the market simply can’t go anywhere, and a pullback it could happen. Nonetheless, we aren’t interested in trading this market at the moment, as we believe that there is simply not enough room to place a significant trade one way or the other. Ultimately, we believe that this pair will go higher, but it may be some time before we see volatility reenter this market.
