Recap Wait and see mode as mentioned last week. Previous week close acted as support sending ninja back up to Y-0 and then back up to the crime scene right below Y+1 from the week before. Closed the week above Y-0 and B-0.
Outlook Inside week gives us breakout mode with bias to the upside. Breakout target B+3 and above.
USDJPY Sep 14 to Sep 18 Outlook
Lawrence’s Comment
Wait and see mode as mentioned last week. Previous week close acted as support sending ninja back up to Y-0 and then back up to the crime scene right below Y+1 from the week before. Closed the week above Y-0 and B-0.
Outlook
Inside week gives us breakout mode with bias to the upside. Breakout target B+3 and above.
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