Trading Edges That Last
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Lawrence's Comment Recap As expected euro is too weak to hold onto its gains. Flushed back down to Y-1 and stuck there. Closed the week below Y-0 and midpoint. Outlook 4 Hour ...READ MORELawrence's Comment Recap Wait and see mode last week on euro. Strong breakdown move happened after a deal with Greece failed. Closed the week below Y-1 and near week low. Outlook As ...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 MOREPrecog Vision – Forex 2011-3-22Precog Vision – Forex 2014-7-4EURUSD Oct 27 to Oct 31 OutlookEURUSD Jun 29 to Jul 03 OutlookPrecog Vision – Forex 2018-8-33DP Odds Table (AUDUSD) 2017-06-163DP Odds Table (AUDUSD) 2016-02-24Intraday Cycle Projection (AUDUSD) 2014-05-133DP Odds Table (AUDUSD) 2020-06-08Precog Vision – Forex 2017-11-2
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AUDUSD Nov 03 to Nov 07 Outlook
Lawrence’s Comment
Aussie rushed to Y+2 and rejected decisively. Dropped back down to Y-0 and bounced. Failed to clear the breakout boundary since. Closed the week near Y-0 and below midpoint.
Outlook
As explained last week, whiplash is expected and we’ve got the upside completed. Now as long as B-0 / Y+1 acting as resistance, we get Y-1, Y-2 quickly with target Y-3.
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