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Lawrence's Comment Recap Just like ninja, support zone failed to produce a low. Door to Y-1 opened. Y-1 target zone reached and the drop stalled. Closed the week below Y-0 and near ...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 MORELawrence's Comment Recap Whiplash action week. Ninja pushed lower to challenge the prior outside week low and failed to breach the support, that opened the door to a rally back to the ...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 MOREHot n Cold (EURUSD) 2015-7-33DP Odds Table (EURUSD) 2011-05-313DP Odds Table (EURUSD) 2020-05-12USDCAD Jun 16 to Jun 20 OutlookHot n Cold (EURUSD) 2011-5-6Precog Vision – Forex 2019-9-9Hot n Cold (EURUSD) 2011-5-10USDJPY Mar 10 to Mar 14 OutlookIntraday Cycle Projection (EURUSD) 2015-08-19Precog Vision – Forex 2020-4-21
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EURUSD Feb 21 to Feb 25 Outlook
Lawrence’s Comment
Y-1 breached early in the week but did not act as resistance. That is the early signs of strength. Couple that with the spike low is 100% absolute expansion, we already know Y-0 was in play. Y-0 tagged by end of the week.
Outlook
B-0 acts as support and taking out B+1 decisively, major rally will start with 1st target B+3.
A weak selloff to B-1 will not produce significantly downside move as weekly range is contracting. Closing at Y-0 also means some kind of equalibrium is reached.
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