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
Got downside target of Y-2 right in the beginning of the week. Bounced off target back to Y-1. Retested with higher low and 1-2-3 buy off Y-1. Classic reversal ...
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 Dec 12 to Dec 16 Outlook
Lawrence’s Comment
No extra intervention, so euro has to return to where the breakout started around Y-1. Closed the week at midpoint.
Outlook
No strong directional bias building up.
Slight edge for bulls to push for a retest of B+1.
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