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
As expected a bit more downside and then consolidation. Spent most part of the week below Y-1. Closed the week below Y-1 and midpoint.
Outlook
Normal situation we should see a ...
Lawrence's Comment
Recap
Retest of Y+1 / 1.66 round number level confirmed its resistance status. That opened the door to Y-0 and below. Closed the week below Y-0 and near week low.
Outlook
Y-0 ...
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
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 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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