USDJPY weekly analysis 2018-06-(18-22)

The last week started with the mark (Open 110.702; gap +40) with the test (R1MN / down h1) and the subsequent hefty downgrade to (Low 109,542) with breakdowns (up H4 broken / 1-key levels) and test (S1W1 / 2- key level / down H4 broken). This enabled customers to resume their activity, and the down h4 broken rate received a strong growth incentive to (High 110.748). Subsequent testing (R1MN / down D1) again led to a decline in the key breakdown and correction (up H4) with the closure of the week (Close 109.969).
 (see also forecast from 2018-06-18)