Recap Retest of Y+1 / 1.66 round number level confirmed its resistance status. That opened the door to Y-0 and below. Closed the week below Y-0 and near week low.
Outlook Y-0 / B-0 acting as resistance will give us B-2 target which conveniently sitting at the starting point of this run up.
Lawrence's Comment
Recap
ES gapped up to the strong resistance zone as explained last week and could not push higher. A break down from there gave us Y-0 easily and collapsed down ...
Lawrence's Comment
Recap
Rallied to Y+2. As if hitting a brick wall, euro made a hard turn and dropped back to Y+1 and then broken down to retest Y-1. Closed the ...
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GBPUSD Jan 06 to Jan 10 Outlook
Lawrence’s Comment
Retest of Y+1 / 1.66 round number level confirmed its resistance status. That opened the door to Y-0 and below. Closed the week below Y-0 and near week low.
Outlook
Y-0 / B-0 acting as resistance will give us B-2 target which conveniently sitting at the starting point of this run up.
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