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Lawrence's Comment Recap Started the week testing Y-0 from below and failed to push higher. That gave us a drop to Y-1. FBO at Y-1 sent ninja higher. Found resistance at 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 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 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 Pullback as expected. Pullback is very mild and Y-0 is defended. Closed the week above Y-0 and near midpoint. Outlook Clearing B-1 will lead to a quick flush down ...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 Got the pullback as expected. Found support from previous breakout area. Closed the week near Y-0. Outlook More consolidation / pullback until the multiple weeks rally is absorbed. Gaps ...READ MOREUSDJPY Jan 13 to Jan 17 OutlookPrecog Vision – Forex 2016-5-9Precog Vision – Forex 2019-10-7Precog Vision – Forex 2017-9-15Precog Vision – Forex 2021-11-3Dow 30 Sep 24 to Sep 28 OutlookPrecog Vision – Forex 2021-3-9Nasdaq 100 Oct 08 to Oct 12 OutlookDow 30 Mar 26 to Mar 30 Outlook3DP Odds Table (EURUSD) 2020-11-12
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EURUSD Mar 18 to Mar 22 Outlook
Lawrence’s Comment
Consolidated early in the week as a bear flag. Finally bear flag broken to the down side and breached Y-1. Euro reversed its course quickly above previous week close and zoomed higher until 100% absolute range expansion is reached. Closed the week above Y-0 and midpoint.
Outlook
The reversal looks very similar to the one we got with cable in terms of price pattern formation.
For the reversal to work out, we need B-0 to hold and zoom higher this week. As long as Y-1 holds will be interested in potential long setups with target B+2 and above.
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