USDJPY Dec 02 to Dec 06 Outlook

Recap
Popped higher right from the start of the week. Pullback found support at Y+1 / previous week close pointing to Y+2 target in play. Got Y+2 and consolidated around it since. Closed the week near Y+2 and week high.

Outlook
Ninja unstable after tagging 102. On weekly basis ninja has completed its primary upside objective for now. Unless some fundamental event happens, ninja will have a difficult time going higher from here.

A pullback is due but not necessary until ninja is stretched a bit further. A spike high reversal against B+1 points to a more significant pullback to B-1 is likely.