Recap Easy one for the week. Y-0 resistance dropped directionally down to Y-2 and below. Closed the week below Y-1 and near midpoint.
Outlook The weekly level pullback in progress. Volatility is picking up. Until ninja can sit above Y-1 as support the pullback / consolidation will continue.
Lawrence's Comment
Recap
The wildest swings within a week in US stock market history. Closed the week above Y-1.
Outlook
The waterfall selloff is now completed and that the first leg of this ...
Lawrence's Comment
Recap
Wait and see mode as mentioned last week. Previous week close acted as support sending ninja back up to Y-0 and then back up to the crime scene right ...
USDJPY Jan 19 to Jan 23 Outlook
Lawrence’s Comment
Easy one for the week. Y-0 resistance dropped directionally down to Y-2 and below. Closed the week below Y-1 and near midpoint.
Outlook
The weekly level pullback in progress. Volatility is picking up. Until ninja can sit above Y-1 as support the pullback / consolidation will continue.
Share