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
Y-0 acted as support on first test but failed to hold up loonie afterwards, that opened the door to tag Y-1 and Y-2. Closed the week near Y-2.
Outlook
The ...
USDJPY Jan 26 to Jan 30 Outlook
Lawrence’s Comment
Inside week with minimal actions. Closed the week near Y-0 and below midpoint.
Outlook
A retest of Y-1 is likely as long as ninja cannot clear B+1. Weekly level consolidation takes time.
Share