Trading Edges That Last
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Lawrence's Comment Recap Dow could not hold above Y-1 leading to continuation sell down to below Y-2. Formed double bottom and zoomed higher back up to above Y-1 and initiated a squeeze ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREPrecog Vision – Forex 2013-5-23Precog Vision – Forex 2011-12-19Precog Vision – Forex 2019-5-293DP Odds Table (USDJPY) 2022-02-17Dow 30 Feb 10 to Feb 14 OutlookUSDCAD Jun 26 to Jun 30 OutlookPrecog Vision – Forex 2013-7-29Hot n Cold (USDJPY) 2021-4-16Intraday Cycle Projection (USDJPY) 2017-01-06Precog Vision – Forex 2018-2-20
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USDJPY Nov 14 to Nov 18 Outlook
Lawrence’s Comment
Pullback started. Dropped close to 77. Not quite 76.5 support zone yet.
Outlook
If USDJPY is doing a spike and ledge like the previous invention, then 76.5 would not hold and we should see complete retracement back to the point where intervention was initiated.
This week will be critical for us to tell if dollar yen is snapping out of its long term down trend.
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