Trading Edges That Last
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As Featured In
USDJPY Jan 23 to Jan 27 Outlook
Lawrence’s Comment
Got the upside breakout we are looking for. Closed the week back down at midpoint above Y-0.
Outlook
Need Y-0 to act as support and rally above Y+1 again. Successfully rally from this zone points to minimum target of B+2.
Failure to hold above Y-0 points to further consolidation around Y-1 to Y+1.
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