USDJPY Feb 18 to Feb 22 Outlook

Recap
Cleared Y-0, so gave us a go for a run above Y+1. Then before tagging Y+2, there came the news shock from G20. That trigger the 2nd setup mentioned last week. Yet when ninja moved near towards Y-1, G20 having someone came out to declare that people has misinterpreted their statement. Ninja immediately zoomed back up. Closed the week above midpoint and Y-0.

Outlook
The boundaries acted well last week but if they keep doing this to nudge the currencies to whatever their moods have been for the day, it will mess up the charts badly.

Next week as long as B-0 / Y-0 holds, a run to B+1 is likely.

Looking for a long term swing top to develop here for a significant pullback.