Forex Flash: USD/JPY could be gearing up for a move – CitiFX Wire

FXstreet.com (Barcelona) - The USD/JPY remains within a relatively tight trading range above 80.00, however the possibility of a spark could be on the horizon as the technical analysis team of CitiFX Wire suggests: "We've seen decent buying of USDJPY and CrossJPY. However, talking around the market, it seems others have seen quite good selling of USDJPY. The net result is a lack of movement but it is starting to feel as if USDJPY is finally gearing up for a move, so don't get lulled into complacency."