Recap Cannot even get pass 1.28 and then euro zone sending out more bad news. Y-1 failed to act as support and euro ended up flushing down to Y-2. Closed the week near the low.
Outlook Any w. spring from here points to a bounce to around Y+1.
Continuation sell target is Y-3 / B-2. Bounce from there gives us B-0.
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Lawrence's Comment
Recap
Weak open led to a flush lower but failing to tag Y-2. This gave us a squeeze back up to week high. Close the week near Y-1 and above ...
Lawrence's Comment
Recap
Perfect double top on daily sent Dow back down to double top target. Technical buying / short covering started and sent Dow straight back up. Closed the week near ...
EURUSD May 28 to Jun 01 Outlook
Lawrence’s Comment
Cannot even get pass 1.28 and then euro zone sending out more bad news. Y-1 failed to act as support and euro ended up flushing down to Y-2. Closed the week near the low.
Outlook
Any w. spring from here points to a bounce to around Y+1.
Continuation sell target is Y-3 / B-2. Bounce from there gives us B-0.
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