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Lawrence's Comment Recap Failed to challenge Y-0, bias for the week to tag Y-2 materialized. At 100% absolute range expansion, cable found support and bounced back up. Closed the week below Y-1 ...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 MOREHot n Cold (EURUSD) 2015-8-28GBPUSD Sep 02 to Sep 06 OutlookIntraday Cycle Projection (EURUSD) 2019-04-09Precog Vision – Forex 2017-8-15Precog Vision – Forex 2017-5-9GBPUSD Aug 27 to Aug 31 OutlookHot n Cold (EURUSD) 2012-3-6Intraday Cycle Projection (EURUSD) 2016-01-013DP Odds Table (EURUSD) 2020-04-20S&P 500 Jun 29 to Jul 03 Outlook
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EURUSD Feb 14 to Feb 18 Outlook
Lawrence’s Comment
Text book STOPD move on this pair again. Broken Y-1 first, meaning more downside is to be expected, then rallied back to the sell zone mentioned last week. Once the sell zone was tagged, 2nd leg selloff all the way back down to week low. Closed the week at Y-1.
Outlook
As long as B-0 is acting as resistance, long is still out of the question. The likely downside target is B-2. Should the pair rally above B-0, will be looking for quick rally to B+1 and then B+2.
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