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.
Lawrence's Comment
Recap
Got the bottom I was talking about and cable took off to tag Y+2 near the expected upside target for the move. Another easy one for the week. Closed ...
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Lawrence's Comment
Recap
Further consolidation around Y-0 area. End of week weaknesses failed to break the Y-1 support. Closed the week near week low and below Y-0.
Outlook
Inside week from daily up trend ...
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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