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
Found support at Y-0 / support zone mentioned last week and started a squeeze up to normal Y+2 target. Resistance at Y+2 dropped Aussie back down to previous week ...
Lawrence's Comment
Recap
Once Y-0 was breached, we get our target Y-2. Pretty easy, isn't it?
Outlook
B-1 is potentially a strong support level as many shorts are trapped underneath.
If B-1 acts as ...
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 22 to Feb 26 Outlook
Lawrence’s Comment
Drifted back up to Y-0 as expected. Sideway actions since. Closed the week below Y-0 and near week low.
Outlook
The expectation of retesting Y-1 is still in play. Support at Y-1 / B-2 will give us a strong bottom for retest of Y-0 / B+1 quickly.
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