Lawrence's Comment
Recap
I was expecting a retest of Y+1 and possibly a run to Y+2. Well, it turned out to be full blown melt up to Y+3. Then, without ...
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
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 Sep 05 to Sep 09 Outlook
Lawrence’s Comment
Y+1 support helped ninja to push straight up to Y+3 breakout target. Closed the week near Y+3 and above midpoint.
Outlook
Initial run probably done. Y+3 resistance will signal a pause to this rally has started. Consolidation after wide range week is normal.
Share