Recap Cannot even get pass 1.28 and then euro zone sending out more bad news. Y-1 failed to act as support and euro ended up flushing down to Y-2. Closed the week near the low.
Outlook Any w. spring from here points to a bounce to around Y+1.
Continuation sell target is Y-3 / B-2. Bounce from there gives us B-0.
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
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
Previous week close / Y+1 resistance sent NQ back down to Y-0. Y-0 support got NQ back up to fill the gap above. 4300 round number resistance sent NQ ...
EURUSD May 28 to Jun 01 Outlook
Lawrence’s Comment
Cannot even get pass 1.28 and then euro zone sending out more bad news. Y-1 failed to act as support and euro ended up flushing down to Y-2. Closed the week near the low.
Outlook
Any w. spring from here points to a bounce to around Y+1.
Continuation sell target is Y-3 / B-2. Bounce from there gives us B-0.
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