USDJPY Jan 02 to Jan 06 Outlook

By News Robot

Lawrence’s Comment

Recap
Congestion between B-1 to B+1 most of the week. Then total collapse once the week low is taken out the last moment of the week. Obvious stop run seeking sell stops below. Tagged Y-4 and completed 200% absolute range expansion.

Outlook
Wait for prices to settle down and a base to form again.

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