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Lawrence's Comment Recap Test of daily level support as expected. Round turn reversal from Y-3 sent this back up to crime scene near Y-0. Closed the week below Y-0 and near week ...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 Y-0 acted as support and closed the week above Y+1. Outlook Consolidation after a strong rally is normal. breakout above Y+1 to B+1 will give us B+3 target. Failure ...READ MORELawrence's Comment Recap Sold off to Y-2 as expected. The strong rally, however, all the way back up to Y-0, was quite amazing. Closed the week below Y-0 after failing to ...READ MOREIntraday Cycle Projection (EURUSD) 2015-09-17Intraday Cycle Projection (EURUSD) 2019-04-23USDCAD Sep 12 to Sep 16 OutlookPrecog Vision – Forex 2014-1-3Hot n Cold (EURUSD) 2018-9-7Weekly Cycle Projection (EURUSD) 2018-04-30AUDUSD Oct 24 to Oct 28 Outlook3DP Odds Table (EURUSD) 2023-05-023DP Odds Table (EURUSD) 2017-02-17S&P 500 Oct 10 to Oct 14 Outlook
As Featured In
EURUSD Jul 08 to Jul 12 Outlook
Lawrence’s Comment
Y-0 acted as resistance, down trend continued. Sold off to my downside target by the end of the week. Closed the week near week low and below Y-2.
Outlook
Not time to pick bottom yet although the selling is a bit overdone. Consolidation around B-1 is expected with downside bias.
The counter-trend play may happen if euro flushed lower in the beginning of the week at Y-4 and snapped back up above Y-3 on daily close basis. From there the upside target is Y-1.
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