Lawrence's Comment
Recap
Y-0 acted as support as expected and Y+2 upside target tagged early in the week. Then Y+1 acting as support gave us a go for Y+3. Closed the week ...
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
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
Recap of Last Week Did not post about this pair last week as the better play was euro. The upside breakout triggered on this one anyway and the 200% ...
USDJPY Dec 12 to Dec 16 Outlook
Lawrence’s Comment
Dip to Y-1 and bounced back up to Y-0. Closed the week at midpoint.
Outlook
As mentioned last week, this pair has produced a long term bottom and buying dips should continue to work for quite some time.
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