Recap Pullback to Y-0 as expected. Could to go any higher even though euro zone had been trying hard to paint a rosy picture going forward. Closed the week at midpoint.
Outlook Tight range week points to breakout mode in play.
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
Lawrence's Comment
Recap
No FBO so trend continue until 100% absolute range expansion tagged. Closed the week above Y+2 and midpoint.
Outlook
A clear sign of stop run happen around 108 which ...
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
Tried to break Y-0 twice and failed. That staged the rally to test Y+1 as expected. Closed the week below Y+1 as an inside week.
Outlook
Same as last ...
EURUSD Feb 06 to Feb 10 Outlook
Lawrence’s Comment
Pullback to Y-0 as expected. Could to go any higher even though euro zone had been trying hard to paint a rosy picture going forward. Closed the week at midpoint.
Outlook
Tight range week points to breakout mode in play.
Breaking above Y+1 will give us B+3 quickly.
Breaking below B-1 will give us B-3.
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