Lawrence's Comment
Recap
News shock created the double top and breached Y-0 support. The downside target of the double top tagged by end of the week. Closed the week below Y-1. ...
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
Breakout to the upside and tagged target 1.40 and the next higher target of Y+3. Euro has now come back in full circle back to the price level ...
EURUSD Mar 26 to Mar 30 Outlook
Lawrence’s Comment
Upside target Y+2 tagged. 1.33 resistance area challenged as expected. Closed the week above Y+1.
Outlook
Critical moment for euro here.
If it can break above 1.33 area and stay above there, a short term uptrend is established.
If 1.33 / B+1 acts as resistance, will likely see a retest of B-1.
Share