Lawrence's Comment
Recap
Rallied to Y+2. As if hitting a brick wall, euro made a hard turn and dropped back to Y+1 and then broken down to retest Y-1. Closed the ...
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
Lawrence's Comment
Recap
Breakdown play to Y-2 and then Y-3 normal target materialized. 1.40 round number turned into resistance. Closed the week below Y-3 and near week low.
Outlook
For short term ...
Lawrence's Comment
Recap
No drastic move last week. 2nd week of pullback from the multiple week rally. Closed the week below Y-1 and midpoint.
Outlook
Still moving within the context of consolidation / pullback ...
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 Apr 30 to May 04 Outlook
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