The price action will likely be choppy until we start to get a better sense of who’s going to win, so the best strategy would be to wait for the results, because the trend that will be set will USDJPY Technical Analysis – On the daily chart, we can see that USDJPY is consolidating around the key 152.00 handle. The buyers will likely keep on stepping in around this level with a defined risk below it to position for the continuation of the uptrend. The sellers, on the other hand, will want to see the price breaking lower to extend the pullback into the 149.40 level next. USDJPY Technical Analysis – we can see more clearly the rangebound price action around the 152.00 handle as the market awaits the US Election result to pick a direction. There’s not much else we can add here as the buyers will likely pile in to position for a rally into new highs, while the sellers will look for a break lower to target the 149.40 level. USDJPY Technical Analysis – we can see that we have a minor downward trendline defining the current bearish momentum on this timeframe. If we get a bounce here, the sellers will likely lean on the trendline to position for the break of the 152.00 support zone.