Recap Upside breakout right from the start. Failing to hold above Y+1 gave us FBO play for Y-1 and below. Y-1 resistance by end of week gave us a flush straight down to 100% range expansion. Closed the week below Y-4 and near week low.
Outlook News shock points to potential bounce back up to crime scene above at Y-2 if ninja manages to hold B-1 with w. spring actions.
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
Lawrence's Comment
Recap
B-0 failed to act as support on pullback leading to a flush back down to Y-1. News shock played a big role on the flush though. Closed ...
USDJPY Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Upside breakout right from the start. Failing to hold above Y+1 gave us FBO play for Y-1 and below. Y-1 resistance by end of week gave us a flush straight down to 100% range expansion. Closed the week below Y-4 and near week low.
Outlook
News shock points to potential bounce back up to crime scene above at Y-2 if ninja manages to hold B-1 with w. spring actions.
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