Lawrence's Comment
Recap
Flushed to downside target as mentioned last week and the expected pause started. Sideway actions all week at 50% range. Closed the week near Y-1 and above midpoint.
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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
Reacted to the head and shoulders neckline initially and dropped quickly below Y-0. Then an all out rally took place and cleared Y+1 in 1 go. After ...
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
EURUSD Nov 02 to Nov 06 Outlook
Lawrence’s Comment
More downside as expected. 50% range bounded the price actions. Closed the week near Y-1 and midpoint.
Outlook
Consolidation around Y-1 points to continuation of current trend likely. So a break of B-1 and moving down to B-2 / Y-2 and below is likely.
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