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.
Lawrence's Comment
Recap
Confirmed FBO on Monday gave us the bias for a move down to Y-1. Sold off from a lower high against Y+1 and dropped down to Y-1 smoothly as ...
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
Recap
Comparing to GBP, euro had a more difficult selloff. It took better half of the week to make an attempt to test Y-1 and finally sold off to almost ...
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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