Recap Consolidation play earlier part of the week with Y-1 support. Later in the week trouble in Yemen led to break down play which doubled the range for the week. Closed the week below Y-1 and midpoint.
Outlook Weekly consolidation / pullback now confirmed. Y-0 / B+1 now strong resistance. Until swing trend in 4 hour changes, ninja consolidation play continues.
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
The no bias setup became a breakout play this past week. Cable was trapped at the upper zone mentioned last week. Then the announcement came, cable flushed down to ...
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
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 30 to Apr 03 Outlook
Lawrence’s Comment
Consolidation play earlier part of the week with Y-1 support. Later in the week trouble in Yemen led to break down play which doubled the range for the week. Closed the week below Y-1 and midpoint.
Outlook
Weekly consolidation / pullback now confirmed. Y-0 / B+1 now strong resistance. Until swing trend in 4 hour changes, ninja consolidation play continues.
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