USDJPY Jul 25 to Jul 29 Outlook

By News Robot

Lawrence’s Comment

Recap
Previous week close support helped sending ninja higher. Consolidation week actions since. Closed the week near Y+1 and midpoint.

Outlook
Consolidation around Y+1 after a strong rally is bullish. As long as B-2 / Y-0 holds up, retest of B+1 likely.

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