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
Tried to bounce off Y-1 with a w. spring. Tagged B-0 but failed to stay above that for long. Produced a 100% absolute range expansion and bounced back ...
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
Pullback to Y-0. Perfect test of support then rally to Y+1 as expected. Cleared Y+1 easily. Breakout in place with Y+2 target taken out quickly. Drifted higher since. Closed ...
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 Jul 30 to Aug 03 Outlook
Lawrence’s Comment
78 tested and held very well the whole week. Closed the week bouncing off 78 and near week high.
Outlook
As long as B-0 acts as support, B+2 should be tested quickly.
Critical time window for a long term low to be formed.
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