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Lawrence's Comment Recap Resistance zone pressured cable back down to Y-0 and below as expected. In turn stop run took it all the way back down to Y-1. Closed the week below ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Reaction at Y+1 gave us the setup for a 1-2-3 long breakout upside setup. Normal breakout target of Y+3 was reached. euro pullback to Y+2 but failed to hold ...READ MORELawrence's Comment Recap Consolidation at 50% previous week range as expected. Closed the week below Y-1 and midpoint. Outlook The end of week breakdown is normal for consolidation at Y-1. It is not a ...READ MORES&P 500 Dec 31 to Jan 04 OutlookWeekly Cycle Projection (USDJPY) 2017-04-10AUDUSD Feb 15 to Feb 19 OutlookEURUSD May 10 to May 14 OutlookGBPUSD Mar 28 to Apr 01 OutlookHot n Cold (USDJPY) 2011-7-7Precog Vision – Forex 2019-10-7Intraday Cycle Projection (USDJPY) 2015-10-26EURUSD May 06 to May 10 OutlookUSDCAD Apr 07 to Apr 11 Outlook
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USDJPY May 12 to May 16 Outlook
Lawrence’s Comment
Dropped to downside target as expected. Consolidation since. Closed the week below Y-1 and near midpoint.
Outlook
The selloff down to Y-2 is just normal reaction to the spike reversal from Y+1. There is no need for any follow thru.
If ninja fails to clear Y-1 this week, 101 and 100.5 are definitely in play.
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