USDJPY Nov 09 to Nov 13 Outlook

By News Robot

Lawrence’s Comment

Recap
Beautiful breakout to the upside from support zone as expected. Stop run beyond Y+2 took ninja up to 200% range expansion. Closed the week above Y+3 and near week high.

Outlook
More upside is expected with BOJ potentially jawboning the market when ninja hits 123. Consolidation around B+1 will still be very volatile in nature.

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