USDJPY May 23 to May 27 Outlook

By News Robot

Lawrence’s Comment

Recap
Consolidation actions between Y-0 and Y+1. Ledge breakout upside gave us 100% of tight range. Closed the week above Y+1 and midpoint.

Outlook
Rising wedge with support at B-0. Breaking below will give us a pullback to Y-0 and below.

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