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
Dropped below Y-1 and popped back up immediately. That put Y-0 in play and tagged Y-0 quickly. Failure to go higher from Y-0 sent it back down ...
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
Y-0 never acted as support at all as news shock has created wild swings around Y-0. Closed the week close to B-1.
Outlook
Still looking for bullish continuation once B-0 is traded thru from below.
If B-1 fails to hold up Euro, we will get Y-1 quickly with B-2 as the next downside target.
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