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Lawrence's Comment
Recap
I thought the backfill back down to Y-1 was going to be choppy. Instead, we got this clean directional slide all the way down. Cleared Y-1 easily and then ...
Lawrence's Comment
Recap
Situation in Greece destroyed the bulls hope for another attempt to the upside. Clean breakdown from the start of the week pointed to Y-3 target and we got that ...
USDJPY Apr 21 to Apr 25 Outlook
Lawrence’s Comment
Consolidation at 50% previous week range as expected. Drifted back up to resistance Y-0. Closed the week at Y-0 and above midpoint.
Outlook
A complete week of bear flag is not bullish. A strong setup for B+1 test failure which points to a drop to B-1.
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