USDJPY Sep 08 to Sep 12 Outlook

By News Robot

Lawrence’s Comment

Recap
Ninja took off as expected. All the way pushing near 1.06 target too until stopped by Y+5. Closed the week above Y+3 and near midpoint.

Outlook
200% range expansion with 2nd push likely stop run. It will take some time for ninja to absorb this up run before it will decide if it needs a pullback on weekly or not. Consolidation this week likely around B-0.

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