Lawrence's Comment
Recap
Consolidation around previous week close / Y+1 as expected. 50% range. Closed the week above Y+1 and midpoint.
Outlook
Consolidation around Y+1 is bullish. Up channel like behaviour at ...
Recap of Last Week Early in the week a low was formed to create a powerful IHS with neckline at approx. prior week high (green zone). A breakout of ...
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Lawrence's Comment
Recap
Y-0 resistance gave us a test of Y-1. FBO against Y-1 gave us reversal back up to Y+1. No surprises whatsoever. Closed the week near Y+1 and week high.
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USDJPY Aug 13 to Aug 17 Outlook
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