Trading Edges That Last
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USDJPY Dec 24 to Dec 28 Outlook
Lawrence’s Comment
Classic consolidation near Y+1 at 50% of previous week range. Closed the week above midpoint and Y+1.
Outlook
Probably no direction until after new year. As long as B-1 acts as support, a retest of B+1 and tagging of B+2 is likely.
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