USDJPY Jun 01 to Jun 05 Outlook

By News Robot

Lawrence’s Comment

Recap
Ninja held Y+1 and zoomed to Y+2 quickly. Y+2 turned into support and rallied higher to above Y+3. Closed the week above Y+3 and midpoint.

Outlook
124 is long term upside target on weekly. From here it will be more difficult to move higher until ninja spend sometime to absorb the move. Y+2 / B-0 strong support until proven otherwise.

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