Trading Edges That Last
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Lawrence's Comment Recap Consolidation in 50% previous week range after wide range week is normal. Closed the week above Y-0 and midpoint. Outlook Ledge on 4 hour points to continuation of the ...READ MOREPrecog Vision – Forex 2019-7-303DP Odds Table (EURUSD) 2020-12-28Dow 30 Feb 14 to Feb 18 OutlookDow 30 Nov 26 to Nov 30 OutlookPrecog Vision – Forex 2019-4-3EURUSD Apr 11 to Apr 15 OutlookIntraday Cycle Projection (EURUSD) 2013-10-303DP Odds Table (EURUSD) 2018-12-06Hot n Cold (EURUSD) 2019-9-20AUDUSD Nov 14 to Nov 18 Outlook
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EURUSD Jul 07 to Jul 11 Outlook
Lawrence’s Comment
Easiest play last week. Euro tagged Y+2 which was also the up channel resistance. It then pullback to Y+1 and failed to hold there. Flushed towards Y-1. Closed the week below Y-0 and near week low.
Outlook
Wide range reversal with weak close. Potential down trend on weekly in place. As long as euro fails to close above B-0 on weekly basis, more downside is coming. May take several weeks to get down to B-3 depending on what happens in the other related markets.
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