Recap Easiest play of the week. As expected, any pullback is a buy until Y+2 is tagged. And the last of week melt up tagged both Y+2 and Y+3 in one shot making it a nice surprise.
Outlook B+1 will be taken out quickly. As long as B-0 to Y+2 acts as support more upside is expected. There is a 50/50 chance for consolidation within B-0 to B+1.
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Lawrence's Comment
Recap
Upside breakout right from the start. Failing to hold above Y+1 gave us FBO play for Y-1 and below. Y-1 resistance by end of week gave us a flush ...
EURUSD Apr 11 to Apr 15 Outlook
Lawrence’s Comment
Easiest play of the week. As expected, any pullback is a buy until Y+2 is tagged. And the last of week melt up tagged both Y+2 and Y+3 in one shot making it a nice surprise.
Outlook
B+1 will be taken out quickly. As long as B-0 to Y+2 acts as support more upside is expected.
There is a 50/50 chance for consolidation within B-0 to B+1.
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