Trading Edges That Last
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USDJPY Jun 13 to Jun 17 Outlook
Lawrence’s Comment
Up drift to 1/2 the breakdown move and then went into consolidation. Closed the week above Y-1 and near midpoint.
Outlook
Brexit will affect all majors. Obvious support / resistance zones will be easily breached. Flush low to B-2 / B-3 and snap back points to strong reversal for B+2 play.
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