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Lawrence's Comment Recap Y-0 resistance gave us a drop below Y-1. Down channel bottom acted as support again allowing Aussie drift back up. 2nd test of Y-0 resistance did not clear it ...READ MORELawrence's Comment Recap Uptrend intact as B-0 never challenged. Y+3 strong up move target tagged. Closed the week near Y+3 and week high. Outlook Euro successfully crushed the bears as Fed declared ...READ MORELawrence's Comment Recap Pullback as expected but not the consolidation type. First move back down to Y-0 pierced thru decisively triggered the Y-1 target. Eventually price moved near Y-1 and bounced. Closed ...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 MORE3DP Odds Table (EURUSD) 2019-10-073DP Odds Table (EURUSD) 2011-06-17AUDUSD May 05 to May 09 Outlook3DP Odds Table (EURUSD) 2022-01-26Hot n Cold (EURUSD) 2012-10-19Weekly Cycle Projection (EURUSD) 2022-09-05EURUSD Sep 17 to Sep 21 OutlookUSDCAD Oct 13 to Oct 17 OutlookEURUSD Nov 08 to Nov 12 OutlookPrecog Vision – Forex 2020-12-15
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EURUSD Feb 17 to Feb 21 Outlook
Lawrence’s Comment
Warned Y-0 is the line in the sand where European officials would defend. Happened like clockwork. Free ride up to almost Y+2. Closed the week above Y+1 and midpoint.
Outlook
Chart pattern is not that bullish. Short squeeze driven price actions over the past 2 weeks simply created temporary run up that has to drop back down to backfill the void zones.
Looking for pullback to B-0 down to B-1 consolidation actions.
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