USDJPY Sep 01 to Sep 05 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidation around the closing price as expected. It is within the 100% range of the week before last too. Closed the week below Y-1 and above midpoint.

Outlook
The range matching that of the one before the breakout points to strong continuation potential. Should euro bounces, ninja is the exit point of the international money flow which points to much higher price level quickly. 1.06 is next stop on weekly.

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