Recap Euro spent all week struggling around Y-1. An attempt to push higher was stopped by 50% range. Closed the week below Y-0 and above midpoint.
Outlook Consolidation week near Y-1 is bearish and B+1 is strong resistance. A continuation move down to B-2 likely as long as Y-0 / B+1 can cap the bounce.
Lawrence's Comment
Recap
NQ spiked way higher on Tuesday open after holiday Monday. Yet it dropped all the way back down to close the gap below. So as oppose to the normal ...
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 Nov 16 to Nov 20 Outlook
Lawrence’s Comment
Euro spent all week struggling around Y-1. An attempt to push higher was stopped by 50% range. Closed the week below Y-0 and above midpoint.
Outlook
Consolidation week near Y-1 is bearish and B+1 is strong resistance. A continuation move down to B-2 likely as long as Y-0 / B+1 can cap the bounce.
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