Lawrence's Comment
Recap
Y-0 resistance gave us a drop to Y-1 support area. Support breached with a bounce that failed to clear the former support. Closed the week below Y-1 and near ...
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
Higher prices as expected. No pullback, just consolidation before going higher. Closed the week at week high near Y+2.
Outlook
Tagging Y+2 / B+2 area will complete the rally ...
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 Mar 28 to Apr 01 Outlook
Lawrence’s Comment
Simply stuck since open of the week. Late rally in end of week tried to push itself above the weekly close prior to the crisis week and failed.
Outlook
If B-1 fails to act as support, Y-0 will be tested quickly.
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