Recap No breakout as euro is trapped within previous week tight range. Closed the week below Y-0 and midpoint.
Outlook Bear flag breakout to the downside on daily points to retest of Brexit spike low in play. That in turn will lead to waterfall effect of downside breakout to B-3 and below.
Lawrence's Comment
Recap
NQ consolidated around Y+1 and broken out to the upside. Earnings sent NQ straight up to Y+4. Closed the week above Y+4 and near week high.
Outlook
Too much ...
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 Jul 11 to Jul 15 Outlook
Lawrence’s Comment
No breakout as euro is trapped within previous week tight range. Closed the week below Y-0 and midpoint.
Outlook
Bear flag breakout to the downside on daily points to retest of Brexit spike low in play. That in turn will lead to waterfall effect of downside breakout to B-3 and below.
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