USDJPY – Volatility remains at low levels

20.10.2023

The pair in question continues to be completely stagnant and quiet. The price is not making any efforts to rise or go down, moving strictly in a horizontal direction with minimal volatility.

The price is probably waiting for some important and serious news that can revive the trading pair.

As long as this stagnant phase continues, it is not recommended to consider this instrument for trading.

The previous experience also indicates that this may continue for quite a long time.

Recommendations: flat.