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
Opened strong challenging Y+1 but failed to go higher. That opened the door to other extreme at Y-1. Dropped down to almost there at 100% absolute range expansion and ...
USDJPY Jan 16 to Jan 20 Outlook
Lawrence’s Comment
Trapped between Y-0 downto Y-1. Nothing much happened for the pair.
Outlook
Bottoming formation promising but not in place yet.
Must successfully break above B+1 and that turning into support to start a decent rally back up to Y+2.
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