Trading Edges That Last
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As Featured In
USDJPY Jul 20 to Jul 24 Outlook
Lawrence’s Comment
Rallied to Y+2 as expected after breakout of Y+1 and that it turns into support. Closed the week near Y+2 and week high.
Outlook
Rising wedge on 4 hour is not that bullish. A slightly higher higher above B+1 with immediate reversal will give us Y+1 target to the down side.
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