Recap Perfect weekly bullish mean rejection. 100% absolute range expansion ended the move. Closed the week above Y+1 and midpoint.
Outlook More upside is expected as long as B-0 is acting as support. A repeat of last week price actions will create longer term weaknesses above at Y+2 / B+2.
Lawrence's Comment
Recap
As stated last week, stairstep rally in place. Upside target of Y+2 tagged by end of the week.
Outlook
Stairstep rally is very difficult to snap out of, thus it ...
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
Lawrence's Comment
Recap
Upside target tagged. Breakout right after and zoomed to almost Y+3. Closed the week at Y+2 and above midpoint.
Outlook
As mentioned last week, uptrend is intact thus aussie ...
USDJPY Mar 31 to Apr 04 Outlook
Lawrence’s Comment
Perfect weekly bullish mean rejection. 100% absolute range expansion ended the move. Closed the week above Y+1 and midpoint.
Outlook
More upside is expected as long as B-0 is acting as support. A repeat of last week price actions will create longer term weaknesses above at Y+2 / B+2.
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