Trading Edges That Last
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USDJPY Dec 26 to Dec 30 Outlook
Lawrence’s Comment
As expected, the pullbacks are buying opportunities. Quiet week overall all during this holiday season. Closed the week above midpoint.
Outlook
3rd week with tighten range although higher high and higher low all the way. If this is holiday seasonal effect, then by early next year, we should see volatility to pick up and that stronger up swings are needed to keep the rally going.
For this last week of the year, expect consolidation between B-1 to B+1.
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