USD/JPY: Navigating Sideways Action for a Potential Short Opportunity

Current Market Posture and Technical Read

USD/JPY is currently exhibiting a pronounced sideways trend, with the immediate trading confined within a narrow range. The current price stands at 149.53. Over the past 24 hours, the pair has seen minimal movement, reflecting this consolidation phase, with a day range established between 149.48 and 149.58. From a technical perspective, this tight range