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Lawrence's Comment
Recap
Bearish expectation worked out. 100% range expansion established. Closed the week near Y-2 and midpoint.
Outlook
Brexit breakout play off the wide range of B+1 and B-1. This means ...
EURUSD May 02 to May 06 Outlook
Lawrence’s Comment
FBO against Y-1 / weekly consolidation support sent Euro straight back up to Y+1 and above. Closed the week above Y+1 and near week high.
Outlook
Y+1 / B-0 now support. Clearing 1.15 points to much higher prices as explained in last issue of MBO.
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