USDJPY Jun 16 to Jun 20 Outlook

Recap
Ninja failed to hold its support. The door to Y-1 opened. 100% absolute range expansion ended the drop. Closed the week below Y-0 and midpoint.

Outlook
A shallow pullback turned into down channel. The channel would not last. A break above B-0 points to retest of B+1 and higher.

Y-1 has a good chance to be retested first even if ninja is turning bullish.