Trading Edges That Last
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Lawrence's Comment Recap Momentum carried Aussie lower to Y-2 as expected. No spike low, just drift back up from Y-2 to week mid. Closed the week below Y-1 and near midpoint. ...READ MOREFor 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 scheduleREAD MOREIntraday Cycle Projection (USDJPY) 2023-02-09Intraday Cycle Projection (USDJPY) 2015-01-28AUDUSD Jul 13 to Jul 17 OutlookGBPUSD Nov 25 to Nov 29 Outlook3DP Odds Table (USDJPY) 2011-05-06Intraday Cycle Projection (USDJPY) 2022-06-16Intraday Cycle Projection (USDJPY) 2016-12-06Dow 30 May 16 to May 20 OutlookPrecog Vision – Forex 2014-8-22USDJPY Jul 03 to Jul 07 Outlook
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Lawrence’s Comment
Consolidated around previous week close. Took out Y+1 as expected from the slight upside bias. Closed the week below midpoint and above Y-0.
Outlook
Y-0 next tell tale zone. Rejection of Y+1 points to a test of at least Y-0. Since it did not happen last week we will likely get it this week. As long as B-0 is not breached on retest, B-2 is also in play.
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