Trading Edges That Last
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Lawrence's Comment Recap Euro bounced higher from Y-1 but failed to clear Y-0 the strong resistance zone. That opened the door to a flush down to Y-3. Euro reacted to the 1.27 ...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 MORELawrence's Comment Recap Retest of Y+1 / 1.66 round number level confirmed its resistance status. That opened the door to Y-0 and below. Closed the week below Y-0 and near week low. Outlook Y-0 ...READ MOREPrecog Vision – Forex 2014-12-9AUDUSD May 18 to May 22 Outlook3DP Odds Table (USDJPY) 2022-09-153DP Odds Table (USDJPY) 2017-07-103DP Odds Table (USDJPY) 2016-04-293DP Odds Table (USDJPY) 2013-08-15EURUSD Sep 29 to Oct 03 OutlookPrecog Vision – Forex 2020-12-7Precog Vision – Forex 2017-6-5GBPUSD Jan 06 to Jan 10 Outlook
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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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