Trading Edges That Last
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Lawrence's Comment Recap As expected, intervention or not, euro sold off from our resistance area down to below our target zone. Then range expansion to the downside until Y-4 is tagged. ...READ MOREPrecog Vision – Forex 2013-1-16Hot n Cold (USDJPY) 2013-9-6Precog Vision – Forex 2012-4-30GBPUSD Dec 31 to Jan 04 Outlook3DP Odds Table (USDJPY) 2014-05-22Precog Vision – Forex 2012-2-3Intraday Cycle Projection (USDJPY) 2013-10-043DP Odds Table (USDJPY) 2020-04-30Precog Vision – Forex 2020-12-7EURUSD Sep 12 to Sep 16 Outlook
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USDJPY Nov 04 to Nov 08 Outlook
Lawrence’s Comment
The easiest play of last week. Found support, zoomed back up to above Y+1 target as mentioned last week. Sharp pullback to almost Y-0 and then popped higher. Closed the week above Y+1 and near week high.
Outlook
Easy part of the rally has completed. Now deepending on first test of the 99 resistance, there are 2 possible outcomes. A clean breakout will allow Ninja to zoom straight up to B+2 and above.
Any weaker attempt will lead to consolidation with support around Y+1 / B-0.
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