Trading Edges That Last
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Lawrence's Comment Recap Clean break of Y-1 instead of FBO. That set the stage to a run down to Y-3. Y-3 tagged and gave us a bounce. Y-2 acted as resistance and ...READ MORELawrence's Comment Recap Above 1.12 resistance continues to cap the upside for euro. Test of Y+1 dropped euro back down to below 1.12 quickly. Closed the week above Y-0 and midpoint. ...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 MOREPrecog Vision – Forex 2017-6-15Precog Vision – Forex 2014-3-4EURUSD Aug 25 to Aug 29 Outlook3DP Odds Table (USDJPY) 2023-02-283DP Odds Table (USDJPY) 2014-09-11Intraday Cycle Projection (USDJPY) 2016-12-28Intraday Cycle Projection (USDJPY) 2020-07-033DP Odds Table (USDJPY) 2022-04-07EURUSD Jun 15 to Jun 19 OutlookPrecog Vision – Forex 2018-11-26
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USDJPY Feb 15 to Feb 19 Outlook
Lawrence’s Comment
Continuation sell down to Y-2 yet failed to produce a bounce. Breaking below Y-2 gave us Y-3. Closed the weekbelow Y-2 and midpoint.
Outlook
Stop hunting move once Y-2 was breached as the range expansion is 100% of the range of the week before the break down. Ninja dropped to its monthly support. A drift back up to Y-2 / B-0 likely. Retest of B-1 also likely.
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