Recap Ninja attempted to hold Y-1 but capped by 118 round number. Eventually flushed down to equal distance from previous week close. Closed the week below Y-1 and midpoint.
Outlook Y-1 / B-0 resistance until proven otherwise. Slingshot move from below B-1 back up to B+1 points to B+3 in play.
Lawrence's Comment
Recap
News sent it down to below Y-1. However, Y-1 did not act as resistance, thus the original target of March high is still in play. Gapped thru the ...
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
Perfect pullback to my resistance price and dropped all the way to end of week. Closed the week at the low and below Y-1.
Outlook
As mentioned in MBO ...
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 Jan 18 to Jan 22 Outlook
Lawrence’s Comment
Ninja attempted to hold Y-1 but capped by 118 round number. Eventually flushed down to equal distance from previous week close. Closed the week below Y-1 and midpoint.
Outlook
Y-1 / B-0 resistance until proven otherwise. Slingshot move from below B-1 back up to B+1 points to B+3 in play.
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