USDJPY Week of Nov 29th to Dec 3rd Outlook

By Lawrence

Recap of last week

Took a full week to tag the yellow zone. The mid week bounce came from previous quarter low. Closed the week at the high.


Next week outlook

Same price zone as last week, with expectation of stronger swing once yen has decided what to do at that yellow zone. Breaking above, yen can go all the way to previous quarter midpoint.

Sell from yellow zone implies 82 in play.

Another pair that sits right at weekly + monthly critical price zone.


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