Trading Edges That Last
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Lawrence's Comment Recap Aussie bounced with the rest of the majors due to dovish expectation / rumors all week. As expected, Y-0 was tested aftter Y-1 acted as support. Wild swings around ...READ MOREWeekly Cycle Projection (EURUSD) 2013-08-12Hot n Cold (EURUSD) 2012-3-20Intraday Cycle Projection (EURUSD) 2015-08-07GBPUSD Dec 14 to Dec 18 Outlook3DP Odds Table (EURUSD) 2017-05-04Precog Vision – Forex 2013-4-15Precog Vision – Forex 2012-11-26AUDUSD Sep 14 to Sep 18 Outlook3DP Odds Table (EURUSD) 2014-05-19Dow 30 Nov 18 to Nov 22 Outlook
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EURUSD Sep 01 to Sep 05 Outlook
Lawrence’s Comment
Gapped below 1.32 and never made it back above. End of week dumping led to normal target Y-2. Closed the week near Y-2 and week low.
Outlook
More down side expected. Consolidation week after range expansion week ended up closing at the low is bearish.
Potential short term bottom between Y-3 to B-2 could be formed if euro flushes down there quickly and snap back up. A bottom in that zone points to B+1 and above likely.
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