USDJPY Oct 26 to Oct 30 Outlook

By News Robot

Lawrence’s Comment

Recap
Quick rally to clear the resistance above confirming strength. Y-0 support gave us an updrift to 120 round number. Since then ninja breakout above and reached normal bullish target of Y+2. Closed the week near Y+2 and week high.

Outlook
Signs of short sequeeze meaning a pullback can happen anytime now. main support is below Y+1 where the pocket is.

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