USDJPY Aug 29 to Sep 02 Outlook

Recap
Consolidation around Y-0 until Mrs. Yellen’s comment time. Previous week close defended and led to an all out squeeze higher. 100% absolute range expansion to the upside tagged. Closed the week above Y+1 and near week high.

Outlook
Squeeze does not last. More upside likely but we cannot tell when the sudden pullback will start. Main support of the move at B-0.