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Lawrence's Comment Recap The FBO short play worked out perfectly with Y-1 tagged by the end of the week. Y-0 acted as resistance all week. Closed the week near Y-1 and week ...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 ES gap lower to start the week from long term support zone where the major open gaps are. ES found support there and launched a rally straight back up ...READ MOREDow 30 Aug 05 to Aug 09 OutlookIntraday Cycle Projection (USDJPY) 2013-06-19USDCAD Aug 31 to Sep 04 OutlookAUDUSD Jun 29 to Jul 03 Outlook3DP Odds Table (USDJPY) 2016-03-103DP Odds Table (USDJPY) 2017-07-18Precog Vision – Forex 2019-4-22S&P 500 Aug 03 to Aug 07 Outlook3DP Odds Table (USDJPY) 2021-06-07Intraday Cycle Projection (USDJPY) 2015-12-22
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USDJPY Jul 11 to Jul 15 Outlook
Lawrence’s Comment
Test of B-1 as expected. That did not hold so we got Y-2 normal continuation target. Y-1 then turned into resistance and gave us another push lower. Closed the week near Y-2 and below midpoint.
Outlook
Slow motion downside actions towards Brexit low points to potential very strong reaction once it is tagged. 50/50 whether it will hold. Tricky week for ninja and staying on the side line is not a bad idea.
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