USDJPY Jan 06 to Jan 10 Outlook

By News Robot

Lawrence’s Comment

Recap
Sideway quite start for the week. Looking for a stronger pullback and we got that after New Year. Selloff ended at 100% absolute range expansion. Closed the week above Y-0 and midpoint.

Outlook
As long as Y+1 to B-0 acting as resistance, more downside is expected. B-2 is the first target for next leg lower.

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