Recap Drifted back to Y-0 as expected, failed to hold the zone led to a quick selloff of 100% absolute expansion andbounced off right there. Closed the week above Y-0 and midpoint of week.
Outlook B-1 rejected and bounced back to B-0 means uncertainty. Drifting around B-0 is likely for next week.
Lawrence's Comment
Recap
As expected cable dropped to Y-2. It bounced back above Y-1 right after forcing a push back to above Y-0. Closed the week near Y-0.
Outlook
Below 1.6 is rejected. ...
Lawrence's Comment
Recap
Broken below our support zone, but successfully staged a double bottom to blast the price up right underneath. That puts Y-0 into play. Reached Y-0 in midweek and ...
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EURUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
Drifted back to Y-0 as expected, failed to hold the zone led to a quick selloff of 100% absolute expansion andbounced off right there. Closed the week above Y-0 and midpoint of week.
Outlook
B-1 rejected and bounced back to B-0 means uncertainty. Drifting around B-0 is likely for next week.
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