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
Aussie found support at Y-1 and cleared Y-0 decisively. Y+1 was tagged and pulled back to Y-0 as support. Y+2 target was stopped short at the 0.89 round number. ...
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
Lawrence's Comment
Recap
As expected ES dropped down to the Y-2 and Y-3 area and fighted hard to hold up. Y-0 acting as resistance forced a retest of week low made on ...
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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