Trading Edges That Last
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As Featured In
USDJPY Sep 09 to Sep 13 Outlook
Lawrence’s Comment
Ninja breakout to the upside right from the beginning of the week. It then drifted higher to above 100 before sold off violently. Closed the week below midpoint and above Y+1.
Outlook
The run to Y+2 and above confirmed the break of the down trend on daily. As long as B-1 is acting as support, a retest of B+1 is likely.
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