Recap Ninja attempted to hold Y-1 but capped by 118 round number. Eventually flushed down to equal distance from previous week close. Closed the week below Y-1 and midpoint.
Outlook Y-1 / B-0 resistance until proven otherwise. Slingshot move from below B-1 back up to B+1 points to B+3 in play.
Recap of last week Breakout upside. First 50% upside target of previous week range worked out. The 50% upside target of previous month range was almost tagged and stalled ...
Lawrence's Comment
Recap
Pushed higher to the resistance zone as mentioned last week and sold off from there. Gapped down to Y-0 eventually but buying below forced ES back up. Closed the ...
USDJPY Jan 18 to Jan 22 Outlook
Lawrence’s Comment
Ninja attempted to hold Y-1 but capped by 118 round number. Eventually flushed down to equal distance from previous week close. Closed the week below Y-1 and midpoint.
Outlook
Y-1 / B-0 resistance until proven otherwise. Slingshot move from below B-1 back up to B+1 points to B+3 in play.
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