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Lawrence's Comment Recap Took no time to tag Y+2. Pullback right after bounced off Y+1. That points to more upside potential. Eventually breakout above Y+2 and completed 100% absolute range ...READ MORELawrence's Comment Recap Y-0 held as support, zoomed higher at the end of the week to Y+2 and above as expected. Closed the week above Y+2 and midpoint. Outlook The last part of the ...READ MOREFor 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 scheduleREAD MOREUSDJPY Sep 13 to Sep 17 OutlookIntraday Cycle Projection (USDJPY) 2016-10-03GBPUSD Jul 23 to Jul 27 OutlookS&P 500 Sep 18 to Sep 22 OutlookIntraday Cycle Projection (USDJPY) 2022-07-27Intraday Cycle Projection (USDJPY) 2022-02-23EURUSD Jun 10 to Jun 14 OutlookIntraday Cycle Projection (USDJPY) 2014-11-14Precog Vision – Forex 2017-6-29Intraday Cycle Projection (USDJPY) 2013-05-22
As Featured In
USDJPY May 11 to May 15 Outlook
Lawrence’s Comment
Ninja tried to hold previous week close early in the week. It even spiked higher but failed to stay above Y+1. FBO led to a drop to Y-0 and below. Found support and bounced. Closed the week above Y-0 and near midpoint.
Outlook
FBO against Y+1 points to potential drop to Y-1 all the way. For the weekly to bottom out, B-1 support is now important. If B-1 acts as support, Ninja will get another chance to retest B+1.
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