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.
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Lawrence's Comment
Recap
The weakest among the 3 indices. Took NQ 3 tries to go lower before it finally rejected the gap below and started its zoom up. Even the zoom up ...
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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