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Lawrence's Comment Recap Euro formed an up channel and drifted higher all week to near Y+1. Channel breakdown led to flush back down to near Y-1. Closed the week below Y-0 and ...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) 2012-04-123DP Odds Table (EURUSD) 2011-06-08Weekly Cycle Projection (EURUSD) 2016-03-14AUDUSD Apr 22 to Apr 26 OutlookEURUSD Feb 01 to Feb 05 OutlookUSDJPY Jan 14 to Jan 18 Outlook3DP Odds Table (EURUSD) 2021-06-07Intraday Cycle Projection (EURUSD) 2021-10-14Precog Vision – Forex 2020-9-11Hot n Cold (EURUSD) 2019-10-4
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EURUSD Nov 03 to Nov 07 Outlook
Lawrence’s Comment
Euro traded above Y-0, yet failed to hold above it leading to a flush straight down to Y-2 target. Closed the week below Y-1 and midpoint.
Outlook
The drop in euro is affected by both ECB jawboning and BOJ action. It is lack of volume that dropped euro lower. If Euro can hold B-1 next week a run back up to above B-0 is likely.
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