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USDJPY Jun 11 to Jun 15 Outlook
By News Robot on 2012 Jun 9 Sat 7:07:04Lawrence’s Comment
Intervention as expected. Forced ninja back up to Y+1 before it stalled. Closed the week near week high.
Outlook
Consolidation after 2 weeks of wild swings is likely. As BOJ and Japanese government showed their hands, the directional bias is up and that B-0 likely to become strong support.