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
Forex price actions on Mondays provide very important clues on what to expect for the rest of the week. Most of the time, day traders tend to focus so much ...
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 Jun 04 to Jun 08 Outlook
Lawrence’s Comment
Breakout to the downside. Completed 200% range expansion then bounced. Closed at Y-3.
Outlook
Back to long term support zone 76-78 again. Consolidation below B-0 is expected with downside bias to tag Y-4 / Y-5.
Will be difficult to trade as we all know BOJ and Japanese government have been quite open about intervention.
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