Trading Edges That Last
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USDJPY Feb 01 to Feb 05 Outlook
Lawrence’s Comment
Y-0 support and then breakout to upside target mentioned last week. Stalled when getting near Y+3. Closed the week above Y+2 and near week high.
Outlook
weekly consolidation / pullback is now over. Weekly uptrend continuation confirmed. Strong support at Y+1 / B-0 zone. More upside in coming weeks.
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