Recap Tight range consolidation before FOMC announcement. After that, spike high to test Y-0 and failed to clear it. Fell hard down to Y-2 before finding support. Closed the week below Y-1 and midpoint.
Outlook Crime scene Y-1 / B-0 strong resistance until turning into support.
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Lawrence's Comment
Recap
Euro drifted lower and consolidated around Y-1. As euro dropped lower, European officials came out b.s. all the way to keep the currency stable again. Closed the week at ...
Lawrence's Comment
Recap
Rejected the gap below early in the week, with a news shock breakout to the upside above Monday high, gave us a rally to Y+1 and the ...
USDJPY Sep 26 to Sep 30 Outlook
Lawrence’s Comment
Tight range consolidation before FOMC announcement. After that, spike high to test Y-0 and failed to clear it. Fell hard down to Y-2 before finding support. Closed the week below Y-1 and midpoint.
Outlook
Crime scene Y-1 / B-0 strong resistance until turning into support.
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