Recap Drifted back to Y-0 as expected, failed to hold the zone led to a quick selloff of 100% absolute expansion andbounced off right there. Closed the week above Y-0 and midpoint of week.
Outlook B-1 rejected and bounced back to B-0 means uncertainty. Drifting around B-0 is likely for next week.
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
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
Lawrence's Comment
Recap
FBO against Y+1 gave us Y-0 and Y-1 targets early in the week. Directional selling until Y-1 was breached. Found support there and bounced. Closed the week below Y-0 ...
EURUSD Mar 14 to Mar 18 Outlook
Lawrence’s Comment
Drifted back to Y-0 as expected, failed to hold the zone led to a quick selloff of 100% absolute expansion andbounced off right there. Closed the week above Y-0 and midpoint of week.
Outlook
B-1 rejected and bounced back to B-0 means uncertainty. Drifting around B-0 is likely for next week.
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