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Lawrence's Comment Recap Retest of Y+1 / 1.66 round number level confirmed its resistance status. That opened the door to Y-0 and below. Closed the week below Y-0 and near week low. Outlook Y-0 ...READ MOREFor 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 scheduleREAD MOREFor 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 scheduleREAD MOREFor 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 scheduleREAD MOREFor 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 scheduleREAD MOREGBPUSD Jan 06 to Jan 10 Outlook3DP Odds Table (EURUSD) 2013-06-11Precog Vision – Forex 2020-4-15EURUSD Oct 11 to Oct 15 Outlook3DP Odds Table (EURUSD) 2013-01-09Precog Vision – Forex 2018-2-12Precog Vision – Forex 2013-11-1Intraday Cycle Projection (EURUSD) 2021-05-11S&P 500 Jun 28 to Jul 02 OutlookPrecog Vision – Forex 2019-10-7
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EURUSD Aug 04 to Aug 08 Outlook
Lawrence’s Comment
Euro moved lower and made a flush at 1.34 instead of 1.33. Stayed tight range and reversed higher late in the week. Closed near Y-1 and above midpoint.
Outlook
A temporary bottom is in place as 1.34 was rejected. A run to B+2 and 1.35 is in the card. This is just normal reaction to the continuous selling over the past few weeks. Weekly down trend is in place and it will take a lot more to break the trend.
Up moves are counter-trend thus they can be terminated easily.
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