Trading Edges That Last
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USDJPY Apr 21 to Apr 25 Outlook
Lawrence’s Comment
Consolidation at 50% previous week range as expected. Drifted back up to resistance Y-0. Closed the week at Y-0 and above midpoint.
Outlook
A complete week of bear flag is not bullish. A strong setup for B+1 test failure which points to a drop to B-1.
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