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
Lawrence's Comment
Recap
Gapped below 1.32 and never made it back above. End of week dumping led to normal target Y-2. Closed the week near Y-2 and week low.
Outlook
More down ...
USDJPY May 25 to May 29 Outlook
Lawrence’s Comment
4 Hour down channel break. Weekly bull flag breakout. Tagged and cleared weekly resistance. Closed the week above Y+2 and near week high.
Outlook
The breakout momentum points to more upside. Consolidation around B+1 potential if ninja fails to clear Y+3 early in the week.
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