USDJPY Jul 27 to Jul 31 Outlook

By News Robot

Lawrence’s Comment

Recap
As expected Ninja popped slightly higher and stalled. Consolidation with 50% range. Closed the week above Y-0 and belo w midpoint.

Outlook
It takes time to absorb the rally. Pullback on daily in progress and a drop to Y-0 / B-2 is not a surprise. As long as the pullback can hold within the top part of the rally it points to more upside on weekly.

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