USDJPY Aug 31 to Sep 04 Outlook

Recap
Selloff accelerated to the down side with no signs of strength at Y-2 and Y-3. This led to another stop run down to Y-5. Spike reversal against Y-5 gave us a drift back up to near week high. Closed the week near Y-1 and week high.

Outlook
Wide range week will give us consolidation around Y-1 / B+1. Do not take this easy though. Price is not stable.