Recap Look at how Y-0 resistance depressing euro almost all week. End of week breakout cleared Y-0 finally. Closed the week above Y-0 and midpoint.
Outlook Inside week, close above resistance is bullish. As long as Y-0 / B-0 acting as support as mentioned last week, we have a B+1 and then B+3 in play.
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Lawrence's Comment
Recap
A repeat of previous week's tight range up drift. Supports were bought and no weaknesses / price break to sell into. 2nd test of previous week close gave Dow ...
Lawrence's Comment
Recap
Gapped down to Y-2 following Dow. That turned Y-0 into resistance zone. Yet NQ bounced from Y-2 all the way to above Y-0 creating mixed signals. At the ...
Lawrence's Comment
Recap
As expected, price is trapped in between. Consolidation within 50% of previous week range.
Outlook
If B+1 is taken out, Y+1 to B+2 will be tagged.
EURUSD Nov 17 to Nov 21 Outlook
Lawrence’s Comment
Look at how Y-0 resistance depressing euro almost all week. End of week breakout cleared Y-0 finally. Closed the week above Y-0 and midpoint.
Outlook
Inside week, close above resistance is bullish. As long as Y-0 / B-0 acting as support as mentioned last week, we have a B+1 and then B+3 in play.
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