Recap Popped back up to Y+1 as expected. Closed above Y-0 and near midpoint.
Outlook Long term bottom in place so this is part of the long term process of building a bottom. Buying pullbacks in general will work better than looking for shorts.
Lawrence's Comment
Recap
As predicted last week, the pair failed to take out the resistance zone and is forced to go lower. The whole week is just 50% of the ...
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
USDJPY Dec 19 to Dec 23 Outlook
Lawrence’s Comment
Popped back up to Y+1 as expected. Closed above Y-0 and near midpoint.
Outlook
Long term bottom in place so this is part of the long term process of building a bottom. Buying pullbacks in general will work better than looking for shorts.
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