USDJPY Aug 24 to Aug 28 Outlook

By News Robot

Lawrence’s Comment

Recap
3 Pushes Up top as mentioned last week gave us a clean sell off down to Y-2 and waterfall effect carried ninja lower to below Y-3. Closed the week below Y-3 and near week low.

Outlook
The last part of the flush is mainly stop run. A bounce to 123 area is reasonable. Consolidation play around B-1 with reduced range likely.

Share

  • You must be logged in to comment. Log in