Lawrence's Comment
Recap
As expected Euro simply continue with its sell off down to Y-1 and then breaking it. Y-1 turned into resistance and sent Euro down to Y-3. Closed the week ...
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Lawrence's Comment
Recap
I was looking for a reversal and we got it. The run back up to Y+1 was not a surprise. What is interesting is the continuous grind up despite ...
Lawrence's Comment
Recap
Shock sent the pair to trade above Y+1 but failed to hold above that. Y+1 turned into resistance and signal a test of Y-1 in play. Selloff stopped ...
USDJPY Feb 29 to Mar 04 Outlook
Lawrence’s Comment
Got the retest of the bottom at Y-2. It acted as support and gave us the rally as expected. Closed the week near Y-0 and week high.
Outlook
More upside is expected. The swing low on weekly is probably in place.
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