Recap Sideway consolidation around previous week close until Mrs. Yellen comment time. Collapsed lower until 100% of consolidation range. Closed the week near Y-1 and week low.
Outlook Inside week still. More downside likely. B-2 reasonable target with Y-0 / B-0 now strong resistance.
Lawrence's Comment
Recap
Resistance at Y+1 sent Euro back down to Y-1 with a pause at Y-0. Year end sideway actions. Closed the week near Y-1 and week low.
Outlook
Y-0 and ...
Lawrence's Comment
Recap
Pushed above B+1 and 1.0 par level but failed to hold above that. Eventually broken down and dropped to Y-0. Closed the week above Y-0 and below ...
Lawrence's Comment
Recap
Y+1 cleared with strength gave us Y+2 quickly. Y+2 rejected resulting in a sharp fall back down to near Y-0 but 100% range expansion successfully stopped NQ from going ...
EURUSD Aug 29 to Sep 02 Outlook
Lawrence’s Comment
Sideway consolidation around previous week close until Mrs. Yellen comment time. Collapsed lower until 100% of consolidation range. Closed the week near Y-1 and week low.
Outlook
Inside week still. More downside likely. B-2 reasonable target with Y-0 / B-0 now strong resistance.
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