Trading Edges That Last
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Lawrence's Comment Recap More downside as expected. 50% range bounded the price actions. Closed the week near Y-1 and midpoint. Outlook Consolidation around Y-1 points to continuation of current trend likely. So ...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 MOREPrecog Vision – Forex 2012-9-243DP Odds Table (USDJPY) 2019-06-21Intraday Cycle Projection (USDJPY) 2022-09-12Nasdaq 100 Dec 19 to Dec 23 OutlookIntraday Cycle Projection (USDJPY) 2016-07-15Precog Vision – Forex 2011-7-11EURUSD Nov 02 to Nov 06 OutlookHot n Cold (USDJPY) 2016-11-25Intraday Cycle Projection (USDJPY) 2014-01-08Precog Vision – Forex 2022-2-22
As Featured In
USDJPY Jun 23 to Jun 27 Outlook
Lawrence’s Comment
Pullback to support as expected but failed to clear 50% range once ninja tagged the price where the breakdown started the week before. Closed the week below Y-0 and above midpoint.
Outlook
Inside week with similar close. Trapped between 2 closest price levels. Breakout play of B+1 and B-1 could be tricky as FBO is a feature of the summer. First side taken out has a good chance of being FBO leading to whiplash back to the other end.
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