USDJPY May 14 to May 18 Outlook

By News Robot

Lawrence’s Comment

Recap
Flushed to new low but bounced at once back above Y-1. Closed the week above midpoint and Y-1.

Outlook
Another longer term potential bottom in the making. Confirmation would be a breakout above B+1 and that B+1 downto B-0 acting as support.

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