Recap Best move of the week. Held the support I was looking for hence daily uptrend defended. Short term shorts all fried on news shock. Sometimes we have to wonder how do they coordinate these things. Closed the week near Y+2 target and week high.
Outlook Cleared resistance 80 and now that has to turn into support.
Looking for swing long as long as B-0 is not breached.
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
Congestion as expected in the beginning of the week. Then took off to target mentioned last wee, pause, and then finish the move by tagging Y+2. Closed at ...
USDJPY Nov 19 to Nov 23 Outlook
Lawrence’s Comment
Best move of the week. Held the support I was looking for hence daily uptrend defended. Short term shorts all fried on news shock. Sometimes we have to wonder how do they coordinate these things. Closed the week near Y+2 target and week high.
Outlook
Cleared resistance 80 and now that has to turn into support.
Looking for swing long as long as B-0 is not breached.
Beyond 82 the next upside target is 86.
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