Recap Consolidation around Y-1 with Y-0 resistance. FOMC announcement sent Euro higher until 100% absolute range expansion. Closed the week near Y-0 and above midpoint.
Outlook Until B+1 acting as support swing trend is still down.
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Lawrence's Comment
Recap
Broken above the resistance zone mentioned last week, leading to immediate reversal to normal upside target of Y+2. Stalled from Y+2 and tried to stay above Y+1 ...
Lawrence's Comment
Recap
The bad news for bulls materialized last week. Dow tried hard to hold every intraday support zone yet breached them all when the news of another bank trouble had ...
EURUSD Sep 26 to Sep 30 Outlook
Lawrence’s Comment
Consolidation around Y-1 with Y-0 resistance. FOMC announcement sent Euro higher until 100% absolute range expansion. Closed the week near Y-0 and above midpoint.
Outlook
Until B+1 acting as support swing trend is still down.
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