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.
Lawrence's Comment
Recap
NQ started the week trading above Y+1 opening the door to Y+2 and Y+3 for 100% range expansion. Y+3 tagged with NQ going sideway a bit. End of week ...
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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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