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Lawrence's Comment Recap Ninja found support below Y-1 as expected and took off back up to the price level before its breakdown swing the week before. FOMC decision caused wild swing in ...READ MORE3DP Odds Table (USDJPY) 2017-05-013DP Odds Table (USDJPY) 2015-01-16Precog Vision – Forex 2015-1-153DP Odds Table (USDJPY) 2012-03-12Precog Vision – Forex 2018-8-15USDJPY Feb 07 to Feb 11 OutlookIntraday Cycle Projection (USDJPY) 2011-10-28Intraday Cycle Projection (USDJPY) 2014-05-20USDJPY Dec 21 to Dec 25 Outlook3DP Odds Table (USDJPY) 2015-01-14
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USDJPY May 19 to May 23 Outlook
Lawrence’s Comment
Ninja held support, no follow-thru to the downside as expected. A spike back up to Y+1 failed to hold, gave us a drop to Y-0 and eventually Y-1. Closed the week near Y-1 and below B-0.
Outlook
The Y-1 / B-1 zone has been the support for months. Every time it is challenged, something magical happened to reverse the course. Maybe intervention, maybe not.
As long as B-0 acting as resistance, B-2 and below in play.
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