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FL: USDJPY mired in a narrow trading range March 05, 2019 at 01:58PM

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Last week run higher leads to sideways consolidation
The USDJPY raced higher last week with a range of about 172 pips. That came after the most narrow trading range since 2012 in the prior week (about 52 pips). Non -trend markets transition to trending markets and that is what happened.  

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