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Lawrence's Comment Recap I am correct that NQ has a consolidation week - choppy move back down to Y-0 pretty much sums up the story. NFP report caused an upside breakout of ...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 MORE3DP Odds Table (EURUSD) 2017-03-17GBPUSD Feb 18 to Feb 22 OutlookS&P 500 Jul 12 to Jul 16 OutlookIntraday Cycle Projection (EURUSD) 2021-02-18Nasdaq 100 Dec 09 to Dec 13 OutlookPrecog Vision – Forex 2013-7-83DP Odds Table (EURUSD) 2019-10-07Intraday Cycle Projection (EURUSD) 2020-07-08Precog Vision – Forex 2022-6-27Intraday Cycle Projection (EURUSD) 2017-03-06
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EURUSD Aug 17 to Aug 21 Outlook
Lawrence’s Comment
Y-0 acted as support helping euro to clear Y+1 in 1 go. Y+2 tagged and Y+1 turned into support for breakout play towards Y+3. Y+4 tagged and stopped the squeeze. Closed the week above Y+2 and midpoint.
Outlook
Short squeeze is not a stable setup. A test of B-0 down to Y+1 likely.
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