Recap Expectation of very strong reaction materialized. Previous week close acted as support and sparked a strong push of 200% absolute range expansion to the upside. Closed the week above Y+2 and midpoint.
Outlook The Brexit crime scene finally tagged. B-0 / Y+1 very strong support until proven otherwise.
For 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 schedule
For 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 schedule
For 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 schedule
For 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 schedule
Lawrence's Comment
Recap
No pullback / no double top continuation from the week before last week. How? By gapping thru Y+1 and zoom up to Y+2.
Outlook
Clear short squeeze in progress with ...
USDJPY Jul 18 to Jul 22 Outlook
Lawrence’s Comment
Expectation of very strong reaction materialized. Previous week close acted as support and sparked a strong push of 200% absolute range expansion to the upside. Closed the week above Y+2 and midpoint.
Outlook
The Brexit crime scene finally tagged. B-0 / Y+1 very strong support until proven otherwise.
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