Recap Forced itself to breakout upside but obviously it has no support underneath at all and snapped back to the week low once it failed to hold above Y+1.
Outlook Our down side target zone from last week is still in play. In fact, it is now conveniently sync with B-2.
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
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 11 to Jul 15 Outlook
Lawrence’s Comment
Forced itself to breakout upside but obviously it has no support underneath at all and snapped back to the week low once it failed to hold above Y+1.
Outlook
Our down side target zone from last week is still in play. In fact, it is now conveniently sync with B-2.
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