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Lawrence's Comment
Recap
Another easy play last week was NQ. Flushed to below Y-2 until 100% range expansion. Bounced back up to week high and found resistance there. Enough dip buyers fried ...
USDJPY Feb 11 to Feb 15 Outlook
Lawrence’s Comment
Consolidation around Y+1 as expected. Twice pulling back to Y-0 and failed to tag it. Closed the week below Y+1 and midpoint.
Outlook
If ninja can clear B-0 / Y+1 quickly early next week, another rush higher to Y+2 / B+2 zone is likely.
Failing to go higher next week will stage a stronger pullback to B-2 and eventually B-3.
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