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USDJPY Jun 27 to Jul 01 Outlook
Lawrence’s Comment
As expected yen is stuck within the same range again once the euro zone crisis was showing some signs of stability in sight. Closed the week around midpoint and also Y-0.
Outlook
Yen is officially moving into a tight triangle formation on weekly chart. Until a breakout of the range established within the past 3 weeks, there will be no strong moves to trade.
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