Recap Euro moved back down to target mentioned last week. Bounced from there but failed to clear 1.13 / Y-0. Closed the week near Y-1 and below midpoint.
Outlook Y-1 / B-0 confirmed resistance with B-2 in play. Euro zone news is affecting euro hence not a good time to trade Euro.
For 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 schedule
Lawrence's Comment
Recap
Y-1 retest as expected. Y-1 support gave us a run for Y-0. Y-0 tagged and Aussie went sideway since. Closed the week below Y-0 and above midpoint.
Outlook
Double ...
For 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 schedule
For 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 schedule
EURUSD Sep 28 to Oct 02 Outlook
Lawrence’s Comment
Euro moved back down to target mentioned last week. Bounced from there but failed to clear 1.13 / Y-0. Closed the week near Y-1 and below midpoint.
Outlook
Y-1 / B-0 confirmed resistance with B-2 in play. Euro zone news is affecting euro hence not a good time to trade Euro.
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