USDJPY Jan 09 to Jan 13 Outlook

By News Robot

Lawrence’s Comment

Recap
Wedged downward in the beginning of the week hinted a short term bounce was in play. Bounced back up until 50% range reached. Stalled from there and closed the week at midpoint.

Outlook
A bottom formation from B-0 or B-1 will lead to a minimum of retesting B+2.

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