USDJPY At Consolidating LevelUS Dollar/Japanese YenFX:USDJPYBlaisefxacademyUSDJPY have been consolidating between a tight range of 148.45-146.66 and resistance at 150.80 and support at 143.47 in recent weeks. This currency pair have failed to breakout persistently, which shows the absence of strong motion. Possible outline; Bullish scenario: A comfirmed breakout above resistance at 150.80 will activate an upward move with a target towards 157.90. Bearish scenario: A comfirmed breakout below support at 143.47 will trigger a downward move with a target at 140.50-138.60. However as long as price remains inside this renge the ideal strategy is to buy close by support level and sell close by resistance level. What are your opinion on this.