Lawrence's Comment
Recap
FOMC announcement decided the fade of Euro by defending PWC and led to an all out short squeeze. Surprise swing points to Y+3 in play. Closed the week above ...
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
USDJPY Mar 28 to Apr 01 Outlook
Lawrence’s Comment
Simply stuck since open of the week. Late rally in end of week tried to push itself above the weekly close prior to the crisis week and failed.
Outlook
If B-1 fails to act as support, Y-0 will be tested quickly.
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