Recap Moved lower in the beginning of the week as expected. Reversal from there to challenge Y-0 and gave us the Y+1 run. Closed at week high and right below Y+1.
Outlook Daily reversal in place. As long as Y-0 / B-0 acts as support, a run back up to B+2 is likely.
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
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 Oct 14 to Oct 18 Outlook
Lawrence’s Comment
Moved lower in the beginning of the week as expected. Reversal from there to challenge Y-0 and gave us the Y+1 run. Closed at week high and right below Y+1.
Outlook
Daily reversal in place. As long as Y-0 / B-0 acts as support, a run back up to B+2 is likely.
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