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Lawrence's Comment Recap The less likely scenario presented itself - w. upthrust against Y+1 leading to a quick selloff to Y-1. Flushed thru Y-1 but not quite Y-2 and closed ...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 MOREIntraday Cycle Projection (EURUSD) 2018-11-09GBPUSD Mar 14 to Mar 18 OutlookWeekly Cycle Projection (EURUSD) 2015-10-19Intraday Cycle Projection (EURUSD) 2013-01-29Precog Vision – Forex 2022-12-8Precog Vision – Forex 2022-9-26Intraday Cycle Projection (EURUSD) 2014-07-21GBPUSD Sep 26 to Sep 30 OutlookHot n Cold (EURUSD) 2017-4-7Intraday Cycle Projection (EURUSD) 2013-05-31
As Featured In
EURUSD Mar 07 to Mar 11 Outlook
Lawrence’s Comment
Euro found support after 50% range expansion down to near Y-2. Double bottom on 4 hours produced the low and gave us equal distance run back up above previous week close. Closed the week near Y-0 and above midpoint.
Outlook
Y-2 support saved the day and this points to a prolonged struggle on daily to drift higher against the strong weekly down trend. Bear flag likely to form with up drift target Y+1.
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