Recap News shock sent the pair down to Y-3. W. spring against Y-3 and snap back up to B+1. Original upside target Y+2 tagged then went sideway for the rest of the week.
Outlook Clear demonstration of the strength of this pair last week points to more upside is in store. Y-0 to Y+1 should act as support and retest of B+1 is likely.
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
Pusher higher in the beginning of the week to fill the gap above but failed. News hit the wire before it was done. Euro collapsed back down to Y-2 ...
EURUSD Apr 25 to Apr 29 Outlook
Lawrence’s Comment
News shock sent the pair down to Y-3. W. spring against Y-3 and snap back up to B+1. Original upside target Y+2 tagged then went sideway for the rest of the week.
Outlook
Clear demonstration of the strength of this pair last week points to more upside is in store. Y-0 to Y+1 should act as support and retest of B+1 is likely.
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