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Lawrence's Comment Recap Consolidation actions with equal distance from Y-1. 1.40 longer term support tested from above. Closed the week below Y-1 and near week low. Outlook Up channel breakdown target tagged. ...READ MORELawrence's Comment Recap Y-0 did not hold, drifted back down to Y-1. Closed the week above Y-1 and below midpoint. Outlook Not a significant sell off. Just drifted lower. No real sense ...READ MORELawrence's Comment Recap Expected a retest of the support zone below Y-1 but loonie just refused to get there. Popped right off previous week close and back up to Y-0. Then reacted ...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 MOREUSDCAD Feb 01 to Feb 05 OutlookEURUSD Oct 29 to Nov 02 OutlookUSDCAD Aug 19 to Aug 23 OutlookPrecog Vision – Forex 2022-8-23Intraday Cycle Projection (EURUSD) 2018-02-08Intraday Cycle Projection (EURUSD) 2014-06-16Weekly Cycle Projection (EURUSD) 2012-09-173DP Odds Table (EURUSD) 2019-07-03EURUSD Mar 21 to Mar 25 OutlookEURUSD Apr 16 to Apr 20 Outlook
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EURUSD Nov 25 to Nov 29 Outlook
Lawrence’s Comment
Euro did the whiplash move after FBO against the resistance zone mentioned last time. Euro dropped quickly but 1.34 round number somehow provided support. Euro drifted back up since. Closed the week above Y+1 and midpoint.
Outlook
Euro closed within the breakout range points to indecision. The resistance was rejected decisively. Euro should not be able to climb back up to the same zone so easily.
Hands off on this pair until I get a better picture this week.
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