Recap Consolidation in 1st half of the week as expected. Spike to the upside paved way to Y+2 and then the breakout carried ninja to the target. Closed the week at Y+2.
Outlook Bull swing in full force will continue until at least one week pulling back to B-1 first.
Again, looking for consolidation around B+1 with slight bias towards a pullback to B-0.
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
USDJPY Feb 04 to Feb 08 Outlook
Lawrence’s Comment
Consolidation in 1st half of the week as expected. Spike to the upside paved way to Y+2 and then the breakout carried ninja to the target. Closed the week at Y+2.
Outlook
Bull swing in full force will continue until at least one week pulling back to B-1 first.
Again, looking for consolidation around B+1 with slight bias towards a pullback to B-0.
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