USDJPY Aug 08 to Aug 12 Outlook

By News Robot

Lawrence’s Comment

Recap
50% range as expected. Consolidation actions. Closed the week near Y-1 and midpoint.

Outlook
The monthly resistance of 100-102 from years ago is now support. Being able to build a base at this level means first target upside at Y-0 / B+2 is likely.

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