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Lawrence's Comment Recap Euro drifted higher around Y+1. Closed the week above Y+1 and midpoint. Outlook Completely artificial rally since 3 weeks ago by empty promises from ECB. A tight up channel is visible ...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 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 MOREEURUSD Jun 17 to Jun 21 Outlook3DP Odds Table (USDJPY) 2020-09-15Intraday Cycle Projection (USDJPY) 2013-08-153DP Odds Table (USDJPY) 2013-01-11S&P 500 May 22 to May 26 OutlookPrecog Vision – Forex 2022-12-2Precog Vision – Forex 2022-5-19Intraday Cycle Projection (USDJPY) 2019-08-233DP Odds Table (USDJPY) 2014-01-17Intraday Cycle Projection (USDJPY) 2022-08-01
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USDJPY Sep 03 to Sep 07 Outlook
Lawrence’s Comment
Tight range sideway market. Made new low by end of the week. Closed the week above Y-1.
Outlook
As expected we got more weaknesses in ninja but there was no real breakdown either.
Normally, a flush to B-2 is expected. But this time, we have the all important 78 level in play. So a strong bounce off Y-1 / B-1 area points to a quick squeeze back up to B+2.
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