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Lawrence's Comment Recap Tighest range in several weeks. Tagged my upside target with slow drift up as expected. The reaction to that was like lightening strike and dropped Aussie lower. ...READ MORELawrence's Comment Recap Euro cleared the resistance zone mentioned last week, staging Y-0 support for a run to Y+1 and above. And that's exactly what happened right after. 100% absolute range expansion ...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 MORE3DP Odds Table (USDJPY) 2012-04-203DP Odds Table (USDJPY) 2011-12-223DP Odds Table (USDJPY) 2018-02-06Intraday Cycle Projection (USDJPY) 2021-08-17AUDUSD Nov 05 to Nov 09 OutlookIntraday Cycle Projection (USDJPY) 2014-03-19EURUSD Oct 20 to Oct 24 OutlookIntraday Cycle Projection (USDJPY) 2014-04-24Precog Vision – Forex 2023-2-223DP Odds Table (USDJPY) 2019-08-06
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USDJPY Feb 23 to Feb 27 Outlook
Lawrence’s Comment
Consolidation week at reduced range trapped inside Y-1 to Y-0. Closed the week below Y-0 and above midpoint.
Outlook
BOJ indeed doing what they claimed and no one dares to drop ninja near 118. This is not a healthy situation though, as ninja may drift higher to 120 but any up move will have to deal with the potential mini crash back down to Y-2.
Another pair not good for trading this week like euro.
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