Recap Ninja breakdown from 120 support zone led to a flush back down to monthly support 116-117 area. Closed the week below Y-5 and near week low.
Outlook More downside is expected. If ninja find support at 117 round number early in the week, a bounce back up to B-0 and retest of 120 will be in play.
Lawrence's Comment
Recap
Am correct that euro entered its resistance area from various higher timeframes. The sell off from 1.39 of 200+ pips confirm longer term players are reacting to ...
Lawrence's Comment
Recap
Attempted downside first but failed to stay below Y-0. Drifted up slowly yet failed to push above 121 and collapsed back down. Closed the week below Y-0 and near ...
For 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 schedule
USDJPY Jan 11 to Jan 15 Outlook
Lawrence’s Comment
Ninja breakdown from 120 support zone led to a flush back down to monthly support 116-117 area. Closed the week below Y-5 and near week low.
Outlook
More downside is expected. If ninja find support at 117 round number early in the week, a bounce back up to B-0 and retest of 120 will be in play.
Share