The market lulls the vigilance

21.05.2021

There is no clarity about the USD/JPY pair. Buyers fail to find the right arguments in their favor, which leads to a slow slide down the dollar rate. Steadily, the decline may accelerate and the whole situation favorable for growth will turn into a nightmare.

Also, we should hardly expect any activity from the trading instrument in the near future. It seems that the low-volatility price movement will continue. Trading in this situation is unlikely to be favorable, so it is recommended to stay out of the market for now and wait for the right moment.

Investment idea: flat.