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Lawrence's Comment Recap Retest of the lows happened as as Aussie failed to push higher from Y-0. Support found near Y-1 and bounced back. Closed the week above Y-0 and midpoint. ...READ MORELawrence's Comment Recap Broken below Y-0 early in the week, points to a push towards Y-1. We got the drop later in the week but Y-1 was not tagged as ...READ MORELawrence's Comment Recap Similar to Dow, ES was having its consolidation week. Traded equal distance from its open. Closed the week above Y+1 and near week high. Outlook B+1 resistance points to ...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 MOREAUDUSD Feb 16 to Feb 20 OutlookUSDJPY Oct 15 to Oct 19 OutlookAUDUSD May 23 to May 27 Outlook3DP Odds Table (EURUSD) 2019-09-123DP Odds Table (EURUSD) 2014-05-26Intraday Cycle Projection (EURUSD) 2015-12-16S&P 500 Sep 01 to Sep 05 OutlookIntraday Cycle Projection (EURUSD) 2016-08-02Precog Vision – Forex 2022-6-14Hot n Cold (EURUSD) 2012-11-1
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EURUSD Aug 31 to Sep 04 Outlook
Lawrence’s Comment
Euro blasted through 1.14 level and triggered a squeeze. 1.17 monthly resistance was tagged and rejected. Euro then fall straight back down to Y+1. Y+2 resistance gave us a clean drop to Y-0. Closed the week near Y-0 and week low.
Outlook
FBO against both monthly and weekly resistance above is bearish. Y+1 / B-0 now very strong resistance until proven otherwise. Likely continuation of long term decline.
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