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
Lawrence's Comment
Recap
Consolidation around B+1 at 50% range as expected. A necessary pause for the wild moves over the past few weeks. Closed the week below Y+1 and near midpoint.
Outlook
Difficult week ...
USDJPY Jun 25 to Jun 29 Outlook
Lawrence’s Comment
Y-1 holds and news shock from Japan forced the continuation rally to resume. Tagged Y+2. Closed the week near the high of the week.
Outlook
Support zone confirmed. Continue to look for long only.
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