Recap Was looking for an upside breakout in the beginning of the week and got it. That turns B+1 into support with Y+2 and Y+3 as targets. Got both once Y+1 was tested later in the week.
Outlook B-0 to Y+2 acting as support for another leg up to B+2.
For 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 schedule
For 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 schedule
Lawrence's Comment
Recap
News shock moved the pair wildly and that led to G7 intervention. Closed the week below Y-2.
Outlook
There are still too many variables affecting the short term (hourly) volatility. ...
EURUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Was looking for an upside breakout in the beginning of the week and got it. That turns B+1 into support with Y+2 and Y+3 as targets. Got both once Y+1 was tested later in the week.
Outlook
B-0 to Y+2 acting as support for another leg up to B+2.
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