Trading Edges That Last
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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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