Recap The FBO short play worked out perfectly with Y-1 tagged by the end of the week. Y-0 acted as resistance all week. Closed the week near Y-1 and week low.
Outlook B-0 resistance until proven otherwise, potential daily down trend in the making.
Lawrence's Comment
Recap
Rallied back to gap resistance above. Without fully filling the gap, news shcok sending Dow lower by 450 points before it could find a bottom. As drastic as ...
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
AUDUSD Jun 29 to Jul 03 Outlook
Lawrence’s Comment
The FBO short play worked out perfectly with Y-1 tagged by the end of the week. Y-0 acted as resistance all week. Closed the week near Y-1 and week low.
Outlook
B-0 resistance until proven otherwise, potential daily down trend in the making.
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