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Lawrence's Comment
Recap
As oppose to test and fill the gap above, first move of the week broken the Y-1 support. That tells us Y-2 and Y-3 were in play and ...
Lawrence's Comment
Recap
Consolidation around Y-1 at 50% range as expected. Closed the week above Y+1 and midpoint.
Outlook
Consolidation with strength to close above Y+1 is bullish.
Potential FBO against Y+1 if cable fails ...
USDJPY Jun 20 to Jun 24 Outlook
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