USD/JPY Outlook: Bull-Trap And Bearish Engulfing Weigh But Neutral Tone Dominates On Friday

<p>The pair is holding within a narrow range on Friday, partially on low volumes due to US holiday and partially on conflicting signals that caused Thursday’s action to end in long-legged Doji, signaling strong indecision. Risk sentiment boost from solid US NFP was offset by growing concerns about rising number of new virus cases. Today’s […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/308307-usd-jpy-outlook-bull-trap-and-bearish-engulfing-weigh-but-neutral-tone-dominates-on-friday/">USD/JPY Outlook: Bull-Trap And Bearish Engulfing Weigh But Neutral Tone Dominates On Friday</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>