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USDJPY Aug 29 to Sep 02 Outlook
Lawrence’s Comment
Although yen spiked in the middle of the week, it ended up closing around close of the week prior to last week. 200% absolute range expansion completed.
Outlook
Upside breakout rejected. Will be difficult to go any higher unless B+1 is zoomed through.
Sideway market expected until US Labor Day holiday is over.
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