Recap Popped back up to Y+1 as expected. Closed above Y-0 and near midpoint.
Outlook Long term bottom in place so this is part of the long term process of building a bottom. Buying pullbacks in general will work better than looking for shorts.
Lawrence's Comment
Recap
NQ was the strongest going into the week and its strength helped staging a double bottom right from the beginning of the week to break above Y+1 ...
Lawrence's Comment
Recap
Aussie tried to push higher can failed due to the obvious weaknesses mentioned last week. Ended up another consolidation week with tight range. Closed the week above Y-0 and ...
USDJPY Dec 19 to Dec 23 Outlook
Lawrence’s Comment
Popped back up to Y+1 as expected. Closed above Y-0 and near midpoint.
Outlook
Long term bottom in place so this is part of the long term process of building a bottom. Buying pullbacks in general will work better than looking for shorts.
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