USDJPY Jul 07 to Jul 11 Outlook

By News Robot

Lawrence’s Comment

Recap
Ninja reversed its course as expected from higher timeframe support. Ran all the way back up to Y+1 before it stopped. Closed the week above Y+1 and midpoint.

Outlook
Outside week strong close. Potential weekly reversal in place. As long as B-0 is not breached ninja will go higher in coming weeks.

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