Lawrence's Comment
Recap
Test of Y-1 as expected. Y-1 support all week. Closed the week near Y-1 and below midpoint.
Outlook
2nd consolidation week with weak close is bearish. Until B-0 turning ...
Lawrence's Comment
Recap
The breakout upside trade we were looking for happened exactly as expected. Closed the week above Y+2 as well.
Outlook
A pullback to Y+1 is possible but not necessary. ...
Lawrence's Comment
Recap
Euro weekly bear flag progressed up to Y+2. News shock and discovery of stops sent Euro up to Y+3 and then Y+4. Closed the week above Y+3 and midpoint.
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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
USDJPY Mar 18 to Mar 22 Outlook
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