Recap Drifted back up to Y-0. Sold off from there as expected. Cleared Y-1 in 1 go. Stuck at Y-1 since. Closed the week near Y-1 and below midpoint.
Outlook Getting very close to the long term support zone as mentioned in my newsletter. This should produce a tradable bounce once a 4 hour reversal is in place.
2 ways to engage this swing opportunity just like cable. Check that out for the setups.
Lawrence's Comment
Recap
As explained last week, gold will play an important role. As gold rallied last week, this pair went thru wild take down until Y-2 was tagged. Closed the week ...
Lawrence's Comment
Recap
Was looking for a breakout and it turned into another tight range week consolidating around Y+1. Closed the week near Y+1 and at midpoint.
Outlook
Potential breakout failure ...
EURUSD Feb 18 to Feb 22 Outlook
Lawrence’s Comment
Drifted back up to Y-0. Sold off from there as expected. Cleared Y-1 in 1 go. Stuck at Y-1 since. Closed the week near Y-1 and below midpoint.
Outlook
Getting very close to the long term support zone as mentioned in my newsletter. This should produce a tradable bounce once a 4 hour reversal is in place.
2 ways to engage this swing opportunity just like cable. Check that out for the setups.
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