Recap Sideway consolidation around previous week close until Mrs. Yellen comment time. Collapsed lower until 100% of consolidation range. Closed the week near Y-1 and week low.
Outlook Inside week still. More downside likely. B-2 reasonable target with Y-0 / B-0 now strong resistance.
Lawrence's Comment
Recap
Whiplash played out as expected. got down to target around Y-3 before support is found. Closed the week below Y-2 and midpoint.
Outlook
A crossroad here for Aussie. Being ...
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 Aug 29 to Sep 02 Outlook
Lawrence’s Comment
Sideway consolidation around previous week close until Mrs. Yellen comment time. Collapsed lower until 100% of consolidation range. Closed the week near Y-1 and week low.
Outlook
Inside week still. More downside likely. B-2 reasonable target with Y-0 / B-0 now strong resistance.
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