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Lawrence's Comment
Recap
Gap up and traded above Y+1 has turned into a false breakout. That set the stage for a selloff to Y-1. Yet right before Y-1 was tagged, ...
Lawrence's Comment
Recap
Early attempt to move higher blocked at the resistance zone leading to freefall back down to Y-1 and tagged the normal Y-2 continuation target. Closed the week below Y-2 ...
USDJPY May 30 to Jun 03 Outlook
Lawrence’s Comment
Consolidation around Y-0. Tight range week. Closed the week above Y-0 and midpoint.
Outlook
Inside week strong close. Breakout mode with upside advantage. Target B+3 and above.
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