Recap Consolidation around Y-1 with Y-0 resistance. FOMC announcement sent Euro higher until 100% absolute range expansion. Closed the week near Y-0 and above midpoint.
Outlook Until B+1 acting as support swing trend is still down.
Lawrence's Comment
Recap
Unlike Dow or ES, I have mentioned that NQ cleared an important resistance zone, thus it can go higher still. Here it is, zooming upto Y+3 normal ...
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EURUSD Sep 26 to Sep 30 Outlook
Lawrence’s Comment
Consolidation around Y-1 with Y-0 resistance. FOMC announcement sent Euro higher until 100% absolute range expansion. Closed the week near Y-0 and above midpoint.
Outlook
Until B+1 acting as support swing trend is still down.
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