Recap Tagged my downside target of Y-3 in one quick flush. Then bounced back up at once. By end of the week sellers gave up and Ninja moved back up to almost Y+1. Closed the week at week high and right below Y+1.
Outlook As noted last week, there is this overall bullish bias on ninja because what their government is doing.
Next week retest of Y+1 and a breakout to tag B+2 likely.
Lawrence's Comment
Recap
Did not get a flush on MOnday so the bounce was also weak. News shock from various fronts sent Dow lower and eventually breaking the psychological support at 16000 ...
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 Apr 22 to Apr 26 Outlook
Lawrence’s Comment
Tagged my downside target of Y-3 in one quick flush. Then bounced back up at once. By end of the week sellers gave up and Ninja moved back up to almost Y+1. Closed the week at week high and right below Y+1.
Outlook
As noted last week, there is this overall bullish bias on ninja because what their government is doing.
Next week retest of Y+1 and a breakout to tag B+2 likely.
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