USDJPY Dec 23 to Dec 27 Outlook

By News Robot

Lawrence’s Comment

Recap
Quiet start for the week followed by FOMC announcement news shock. 100% absolute range expansion reached and stalled. Closed the week at Y+1 and above midpoint.

Outlook
Rally was a result of low volume stop run. B-0 down to Y-0 has to be refilled to build a better bottom if Ninja wants to go higher. Holiday mode means mainly tight range sideway action.

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