Lawrence's Comment
Recap
Rallied to the upside target of Y+2. Found resistance and sold off back down to Y-0 support. Y-0 could not hold it up, resulted in directional slide down to ...
Lawrence's Comment
Recap
Multiple pushes to the downside failed to push the price lower. After a FBO against week low printed earlier in the week, a rally was resulted. Closed the week ...
Lawrence's Comment
Recap
Sold off straight down to Y-2 target opened the door to Y-3. Stair step action going down until 100% absolute range was reached. Closed the week below Y-2 and ...
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 Jul 04 to Jul 08 Outlook
Lawrence’s Comment
Consolidation around previous week close in tight range. Closed the week below Y-0 and near midpoint.
Outlook
Test of B-1 likely. B-1 acting as support will give us B+1 and above.
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