Lawrence's Comment
Recap
Reversal expectation played out. Euro rejected Y-1 and zoomed above Y+1 right after FOMC announcement. Strong reaction above Y+1. Closed the week above Y-0 and midpoint.
Outlook
Although euro ...
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
Rare case scenario opened above the top of the resistance zone mentioned last week. That triggered a strong squeeze to above Y-0. Tricky but not unexpected. Upside push to ...
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 Mar 14 to Mar 18 Outlook
Lawrence’s Comment
Y-1 tested led to a run for Y+1. Y+1 also rejeted. Closed the week above Y-0 and midpoint.
Outlook
Inside week gives us breakout mode. Targets B+3 and B-3.
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