Recap Was looking for an upside breakout in the beginning of the week and got it. That turns B+1 into support with Y+2 and Y+3 as targets. Got both once Y+1 was tested later in the week.
Outlook B-0 to Y+2 acting as support for another leg up to B+2.
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
Gap down to Y-1 giving us the perfect setup to produce the strong daily bottom mentioned last week. Clean reversal with breakout of Y+1 gave us Y+3 easily. Closed ...
EURUSD Jun 06 to Jun 10 Outlook
Lawrence’s Comment
Was looking for an upside breakout in the beginning of the week and got it. That turns B+1 into support with Y+2 and Y+3 as targets. Got both once Y+1 was tested later in the week.
Outlook
B-0 to Y+2 acting as support for another leg up to B+2.
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