Recap Continuation drop turned into falling wedge and bottom out. Reversal forced a test of the crime scene of the breakdown. Closed the week below Y-1 and midpoint.
Outlook B-1 retest likely. B-2 continuation target.
Lawrence's Comment
Recap
Monthly level weaknesses continues. Attempt to clear Y-0 failed leading to selloff down to Y-3 normal target. Closed the week near Y-3 and week low.
Outlook
Short term support ...
Recap of Last Week Stalled from weekly open range established on Monday, failed to hold prior week high on 2nd try, leads to a quick drop towards prior week ...
Lawrence's Comment
Recap
Multiple news shock since the beginning of the week has sent euro higher all week. The normal range expansion target of Y+3 was tagged by the close of ...
EURUSD Sep 05 to Sep 09 Outlook
Lawrence’s Comment
Continuation drop turned into falling wedge and bottom out. Reversal forced a test of the crime scene of the breakdown. Closed the week below Y-1 and midpoint.
Outlook
B-1 retest likely. B-2 continuation target.
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