Lawrence's Comment
Recap
Similar to Dow, NQ found support at Y-0 and started another leg higher until Y+2 was tagged. Following the exact same pattern as Dow, NQ pullback to Y+1 to ...
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USDJPY May 09 to May 13 Outlook
Lawrence’s Comment
Bounced back up in tight range around Y-1 is normal after the sudden wide range reversal. Closed the week above Y-1 and midpoint.
Outlook
As long as Y-1 / B-0 holds, a move back upto B+2/ Y-0 likely.
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