Trading Edges That Last
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USDJPY Apr 02 to Apr 06 Outlook
Lawrence’s Comment
Y-0 not acting as resistance, giving the pair a chance to bottom out at Y-1. Closed the week above midpoint and below Y-0.
Outlook
Clear rejection of Y-1 area a 2nd time, opening the door to retest B+1 and likely to challenge Y+1 / B+2 again.
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