USDJPY Sep 03 to Sep 07 Outlook

By News Robot

Lawrence’s Comment

Recap
Tight range sideway market. Made new low by end of the week. Closed the week above Y-1.

Outlook
As expected we got more weaknesses in ninja but there was no real breakdown either.

Normally, a flush to B-2 is expected. But this time, we have the all important 78 level in play. So a strong bounce off Y-1 / B-1 area points to a quick squeeze back up to B+2.

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