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USDJPY Jun 02 to Jun 06 Outlook
Lawrence’s Comment
Holding steady near Y+1 early in the week. Then spike high failed to hold above Y+1 and gave us the Y-0 target. Y-0 tagged later in the week. Closed the week above Y-0 and near midpoint.
Outlook
A consolidation week in reduced range. Holding Y-0 is sign of strength. As long as Y-0 / B-1 acting as support, B+1 retest is not a problem.
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